The IT outage caused by a flaw in CrowdStrike’s cybersecurity software two-weeks ago led to significant disruptions across global supply chains. This incident, impacting 8.5 million computers running Microsoft Windows,…
Understanding the the size and impact of eCommerce demand on the air cargo market and its short-term outlook is challenging due to the lack of direct data, with the best…
The OECD, WTO and IMF are predicting that global trade growth could more than double in 2024, with falling inflation triggering lower interest rates, to stimulate domestic markets and consumer…
US Customs and Border Protection (CBP) has confirmed that it is cracking down on ‘de minimis’ eCommerce shipments, to ensure they are compliant, with several high-profile freight forwarders and customs…
We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…
Carriers have been pushing spot rates increases, GRIs and surcharges on all Asia outbound lanes, due to increased demand and increasing equipment challenges in more origins and it would be…
As predicted in our last freight market report the container shipping lines believe that volumes are rebounding to Europe, with projections for US imports also increasing and with capacity squeezed…
Many of the world’s top ocean freight stakeholders gathered in Long Beach, California earlier this month for the annual TPM conference, which this year takes place under the shadow of…
The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on…
The pre-Christmas spike in eCommerce volumes out of China means that demand for air cargo space has been driving rates up from Hong Kong over the past two months, with…
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
