With less than four weeks before China’s national Golden Week holiday (1st-7th October) following which the traditional slack season begins, the container shipping lines are ramping-up their trans-Pacific and North…
Last week’s spot rate data saw trans-Pacific rates into the US West and East Coasts increase for the 3rd consecutive week, while rates from Asia into North Europe flatlined, Asia…
The countries with which China has the closest economic relationships are Western, including America, South Korea, Singapore, Japan and Germany and China’s export industries remain highly dependent on Western demand.…
The traditional Chinese New Year air and sea freight demand spike was extremely muted this year, with the container shipping lines reducing the number of westbound departures due to the…
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,…
Market analysts are surprised that freight rates from Asia to Europe have fallen so far in the third quarter (Q3) despite the fact that schedule reliability is only 30% and…
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,…
The city is resuming outdoor activities in stages, with some public transport and other services already resuming, with the aim of lifting lockdown by the 1st June. Beijing has been…
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,…
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…
