Boost for global air freight market
Global air freight indexes suggest that freight rates may not only be stabilising, but even rising on some routes and while there is no evidence of any significant peak the…
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Shipping lines working hard to restore rates
The container shipping lines are fighting to impose freight rate increases across the major Atlantic and Pacific trade-lanes, in an attempt to recover operations back into the black and lose…
EU end carrier anti-trust exemption
With the European Union ending antitrust exemption for the container shipping alliances and imposing carbon taxes on shipping, the lines already have a challenging 2024. The abolition of the Consortia…
Container shipping line options for 2024
Despite vocal shipper complaints and the EU’s subsequent action on CBER, there’s no compelling case that carriers abused market power during the pandemic. In fact the extraordinary impact of COVID…
Asia and freight market update; October 2023
After a full year of month-on-month falls in ocean freight rates, the Xeneta Global Index (XSI) recorded its first gain in 13 months, edging up 0.2% in September. OCEAN Although…
Optimise customer experience to grow your online business
Customer service is the critical differentiator in growing your business profitably, because winning over customers and earning their trust has less to do with what you’re selling and more to…
Shippers need to take note of EU-ETS surcharge
New EU emissions regulations are set to come into force in January, covering voyages into, out of and through the EEA and the maritime industry’s cost of compliance could be…
New vessels join global fleet as sailings blanked
The percentage of industry-wide blanked capacity between Asia and Europe has increased significantly from previous years to 17%, with Golden Week cancellations spiking, while 47 new container ships have already…
U.S. Customs brokerage with a personal touch
Global Forwarding keep importers and exporters compliant and free of regulatory penalties, processing declarations through customs and associated border agencies at global origins and destinations, with dedicated brokerage teams in…
Asia and freight market update; September 2023
The latest Drewry World Container Index is now 85% below its 2021 peak and 42% lower than the 10-year average, indicating a return to more normal prices. However, it remains…
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Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…