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: Sea Freight
North America supply chains face mounting challenges
Labour disputes, automation debates, and shifting trade policies are creating turbulence in the North American freight market, with the threat of a January USEC port strike magnified as ILA break…
Ex-Asia blanked sailings
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…
Ongoing labour tensions strain North American ports and freight networks
Labour disruptions in Canadian and US ports are creating significant pressures across North American supply chains, as ripple effects extend across modes and trade routes. With major strikes and unresolved…
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,…
Labour tensions continue to threaten North American supply chains
Ongoing labour disputes at US East Coast ports and Canada’s Port of Montreal are putting North American supply chains at risk of further disruption. While a temporary agreement on the…
Sea freight faces capacity cuts and shifting alliances
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…
East Coast ports work to clear post-strike backlogs
Operations at US East and Gulf Coast ports have resumed following the three-day strike by dockworker members of the the International Longshoremen’s Association (ILA) that ended on the 4th October…
US dockworker strike resolved, but January deadline poses risk of more disruption
The recent strike by 45,000 US East and Gulf Coast dockworkers, which began on 1st October 2024, has been temporarily resolved after three days of disruption, but concerns remain. The…
US East Coast Port Strikes; Day 2
As the US East and Gulf Coast port strikes continue into their second day, major shipping lines have started declaring force majeure, signalling a significant escalation in the crisis. The…
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