Asia and freight market update; November 2024
Sea freight spot rates are declining in many trade-lanes, air freight rates remain robust due to capacity shifts and steady demand, with road freight rates in Europe and the US…
Archive: Freight market report
Asia and freight market update; October 2024
Ocean, air, and road freight sectors are responding to unique regional and operational pressures, as well as ongoing capacity and rate adjustments. OCEAN The ocean freight market is cautiously optimistic,…
Asia and freight market update; September 2024
Ocean freight remains constrained by port congestion and equipment shortages, while air freight sees increased rates due to capacity limitations on key routes. In road freight, operational costs and high…
Asia and freight market update; August 2024
Container shipping lines are experiencing full bookings on numerous trade routes until August and with strong demand from Asia expected to continue well into the third quarter It is highly…
Asia and freight market update; July 2024
It is now more than seven months since the Galaxy Leader was hijacked by Houthi rebels operating from Yemen and despite numerous strikes by US and coalition forces, attacks on…
Asia and freight market update; June 2024
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…
Asia and freight market update; May 2024
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…
Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of Oman means the ‘maritime danger zone’ has expanded significantly from the Red Sea and the…
Asia and freight market update; March 2024
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…
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…
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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
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