Port congestion growing
The additional two weeks it takes for ships to sail around the Cape of Good Hope as a result of the Red Sea conflict’s effective closure of the Suez Canal…
Archive: Sea Freight
Vancouver dock workers, railways and Canadian Customs staff edge closer to strike action
We are monitoring a potential strike by the International Longshore and Warehouse Union (ILWU) that would impact Vancouver container terminals, as well as possible action by the Canada Border Services…
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…
Ex-Asia spot rates rise with cargo rolled
As predicted in our last freight market report the container shipping lines believe that volumes are rebounding to Europe, with projections for US imports also increasing and with capacity squeezed…
New ocean service is fastest between Ireland and U.S.
Offering transatlantic transit times that will be one to two weeks faster than current services from Dublin and Belfast, a new container shipping service launches tomorrow and with spare time…
Leading the way with greener shipping
Global forwarding is the first freight forwarder in the Republic of Ireland to invest in climate-friendly shipping with a Top Five container shipping line, and the first to actively avoid…
Imports grow on trans-Pacific and trans-Atlantic trades
US demand for European goods rose 10% in the first quarter, taking volumes back to pre-pandemic levels, while growth in imports from Asia has been accelerating this year, growing 11%…
China trade into Mexico and US West Coast
Trade between China and Mexico expanded in 2023 and the massive growth in movements saw Mexico leapfrog China in the first quarter to become the No.1 trading partner for imports…
Container ship in catastrophic Baltimore bridge collision
This morning at 05:30 GMT, the containership “Dali” collided with the mile-long Francis Scott Key Bridge in Baltimore, with a significant section of the bridge collapsing into the Patapsco River…
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…
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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
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…