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Asia freight market update; June 2023
With 4.9 million TEU in new build container shipping due to be delivered from 2023 to 2024 and Europe’s GDP slowing to 0.7%, capacity should be top of mind for…
With 4.9 million TEU in new build container shipping due to be delivered from 2023 to 2024 and Europe’s GDP slowing to 0.7%, capacity should be top of mind for…
Vessel utilisation remained high from Asia, primarily due to blank sailings, though utilisation levels will probably show a ‘Golden Week’ decline, while global air freight capacity was up 15% last…
This summary of freight and supply chain developments in May, has been edited by Global Forwarding’s Vice President of US operations, Adam Davies, who also provides some valuable insights, to…
Full ships, stabilising spot rates and a bullish charter market are giving container shipping lines cause for optimism, while air cargo demand has risen above pre-pandemic levels and hauliers seem…
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…
In China, rising coronavirus infections following the country's relaxation of its zero-COVID policy are contributing to disruption in supply chain operation. (more…)
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,…