Archive: Supply chain

By Paul Kelly in News Posted: 30th, July, 2024

Shipping lines secure capacity for the peak season

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…

By Paul Kelly in News Posted: 3rd, July, 2024

Considering what H2 2024 may have in store for sea freight

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…

By Paul Kelly in News Posted: 19th, June, 2024

Asia and freight market update; June 2024

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…

By Paul Kelly in News Posted: 14th, June, 2024

US import volumes surge

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…

By Paul Kelly in News Posted: 5th, June, 2024

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…

By Paul Kelly in News Posted: 8th, May, 2024

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…

By Paul Kelly in News Posted: 14th, March, 2024

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…

By Paul Kelly in News Posted: 15th, February, 2024

US sea freight spot rates from Asia tracking Europe

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…

By Paul Kelly in News Posted: 15th, February, 2024

Bright start to new year for air freight

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…

By Paul Kelly in News Posted: 15th, February, 2024

All change at the shipping alliances

After announcing the end of the 2M alliance Maersk is joining with Hapag-Lloyd to form The Gemini Cooperation, in a move that will shake up the East-West container shipping market.…

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