Global port strikes latest
The Canadian government may have stepped in to end the rail strike after just one day last week, but labour unrest and the potential for strike action continues to threaten…
The Canadian government may have stepped in to end the rail strike after just one day last week, but labour unrest and the potential for strike action continues to threaten…
In today’s competitive market, effective sourcing is crucial for companies looking to maintain a robust supply chain. The traditional sourcing process involves selecting, securing, and managing suppliers, as well as…
The spot rate spread from Asia to the US West and East coasts has reached its widest point in nearly two years, driven by capacity increases to the West Coast…
Recent containership fires have once again underscored the critical need for proper shipper protection. The latest incident occurred at Sri Lanka’s Port of Colombo, where a fire broke out aboard…
The IT outage caused by a flaw in CrowdStrike’s cybersecurity software two-weeks ago led to significant disruptions across global supply chains. This incident, impacting 8.5 million computers running Microsoft Windows,…
As we progress through the traditional container shipping peak season, analysing the planned levels of blank sailings and capacity deployment for the remainder of the third quarter provides valuable insight…
Diversions around the Red Sea and port congestion have absorbed any excess sea freight capacity that existed at the end of 2023, with spot rates rates more than doubling since…
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…
Despite talk of deglobalization, near-shoring and global economic tensions sea-borne imports into the United States continue to grow, increasing by more than a quarter on pre-COVID 2019. With the trade…
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…