Rates soften despite disruption at European ports
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…
Archive: Sea Freight
Felixstowe port strike threat
While negotiations continue today between employers and dockworkers at the UK’s biggest container port, expectations are not high and we are preparing contingency plans to deal with the threat of…
ILWU negotiations continue with no threat of strike
In a move to reassure shippers, the International Longshore and Warehouse Union (ILWU) has confirmed that, even though they do not expect to reach a deal before the current labour…
Asia market update; May
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,…
Asia market update
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…
Freight market report
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,…
Forwarders hid extent of HGV driver crisis
The HGV driver crisis has been growing for two decades and despite the best efforts of the freight forwarding community and its effective transport management, the situation has been undermined…
Ningbo closure contributes to global vessel congestion
Two weeks since Ningbo container terminals closed after a worker tested positive for COVID-19 and port congestion has spread across China and Asia, while easing in Europe. The lessening of…
Sea freight market update
Demand for imports from Asia and the Indian subcontinent (ISC) continues to outstrip shipping line capacity and there are no signs that volumes will soften, maintaining pressure on global supply…
Yantian Port impose COVID restrictions
Restrictions at Yantian port have been announced, following a coronavirus outbreak in the port area last week, with areas suspended from operation, while they undergo intensive cleaning and disinfection. We…
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Freight outlook 2025
The global freight industry in 2025 presents a dynamic landscape shaped by robust demand, geopolitical…
Asia and freight market update; June 2024
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Container Shipping Faces A Decade of Oversupply
Global container shipping lines are bracing for a decade of structural oversupply, with new vessel…