Asia and freight market update; August 2023
The container shipping line’s capacity management is driving rate recovery from Asia to the US, Europe and the Med, while the quiet summer period continued in airfreight markets during July,…
The container shipping line’s capacity management is driving rate recovery from Asia to the US, Europe and the Med, while the quiet summer period continued in airfreight markets during July,…
A subdued peak season, followed by a lengthy slack period, will prompt further rate erosion from Asia to Europe, while rising imports have been driving trans-Pacific spot rates up and…
On the 1st March 2023, the European Union is launching a new customs pre-acceptance and pre-arrival security and safety programme (ICS2), which will collect data for all goods entering, or…
Our final Asia freight market report of the year includes the latest news from China, as the country finally relaxes COVID control measures and provides multi-modal situation updates and insights,…
Our latest freight market report provides multi-modal situation updates and insights, together with carrier updates, that will provide you with critical insights for the weeks ahead. (more…)
With the Shanghai lockdown finally lifting after two months, it is great to see our Hecny colleagues returning to the office and while the local situation is already much improved,…
Ahead of Asia's Lunar New Year holidays, the market for ocean and rail was particularly congested, with high demand and rates. With factories across China reopening this week, after the…
As supply chains continue to battle with insufficient capacity, surging rates and overwhelmed transport systems, we asked our colleagues in seven key markets to share their insights on operations, demand,…
Prior to the pandemic, the belly-hold in passenger aircraft provided 50% of global air freight capacity and the return of air travel will ease congestion and rate pressure, as more…
Current air freight supply and demand dynamics will maintain elevated prices through the peak season and into 2022, with some predicting that systemic market changes will keep rates at an…