Airfreight rates from Hong Kong maintained their strength in February, remaining above last year’s figures despite market uncertainty stemming from trade policies and seasonal trends. Data from the Baltic Exchange…
With President Trump’s new levies imposed on February 4th, Chinese imports into the US now face a 10% tariff increase, while China has responded with its own tariffs of up…
The Chinese New Year (CNY), or Lunar New Year, is a joyous occasion in China but can be a challenging period for global supply chains. In 2025, the holiday begins…
Over the coming weeks, 48 cancelled sailings have been announced across the major East-West headhaul trades: Transpacific, Transatlantic, and Asia-North Europe & Mediterranean. Cancellations account for 7% of the total…
While the early October strike at US East Coast ports was resolved after three days, the lingering impact of vessel backlogs and congestion will take time to clear. However, carriers…
As we progress through the traditional container shipping peak season, analysing the planned levels of blank sailings and capacity deployment for the remainder of the third quarter provides valuable insight…
Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…
The additional two weeks it takes for ships to sail around the Cape of Good Hope as a result of the Red Sea conflict’s effective closure of the Suez Canal…
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…
The Houthi attacks on commercial shipping began in December 2023 and show no sign of ending, with the major container shipping lines scheduling the 3,500 mile diversion around the Cape of Good Hope…
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…
