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…
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…
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…
Two weeks after sea freight spot rates from Asia to Europe started to peak, when the scramble for capacity ahead of Lunar new Year subsided, it seems that the US…
The early Chinese New Year and shipper concerns about Red Sea supply chain delays contributed to a 10% increase in air cargo volumes last month, putting pressure on rates on…
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Effective supply chains are essential to support business operation and growth, and the supply chain’s…
Some areas of global trade continue to experience extreme congestion, while other areas are operating…
