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…
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…
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…
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…
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…
European road freight rates will be under pressure from the 1st December as a new toll system linked to CO2 emissions begins its roll-out in Germany, with the rest of…
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…
Schengen countries are tightening up security at external borders and Imperial College calculate it could result in 30 mile traffic jams at Dover and five hour queues at the Eurotunnel.…
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…
The UK government has offered contracts worth £34.5m to train up to 11,000 new lorry drivers, to alleviate the ongoing supply chain squeeze caused by the pandemic and Brexit. HGV…