Asia freight market update; July 2023
A subdued peak season, followed by a lengthy slack period, will prompt further rate erosion from Asia to Europe, while rising imports have been driving trans-Pacific spot rates up and…
Archive: Supply chain
Leading shipping lines announce Asia-Europe price hike
With no significant peak season in evidence and despite record-breaking deliveries of new container ships, the three biggest carriers have announced General Rate Increases (GRIs) effective from the 1st August.…
Supply chain resilience in ‘normal’ times
The pandemic accelerated transformation in supply chain operations, as businesses finally understood how critical resilience is and where business leaders once viewed the supply chain as an opportunity to drive…
China and Western supply chains are interlocked
The countries with which China has the closest economic relationships are Western, including America, South Korea, Singapore, Japan and Germany and China’s export industries remain highly dependent on Western demand.…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s resilience and efficiency will ultimately make or break a business. Good supply chain management -…
FMC uphold demurrage complaints
The Federal Maritime Commission (FMC) has received more than 200 complaints since the US Ocean Shipping Reform Act of 2022 (OSRA) was enacted in June 2022, with over 30% being…
Asia freight market update; December
Our final Asia freight market report of the year includes the latest news from China, as the country finally relaxes COVID control measures and provides multi-modal situation updates and insights,…
Asia market update; November
Our latest freight market report provides multi-modal situation updates and insights, together with carrier updates, that will provide you with critical insights for the weeks ahead. (more…)
Bank predicts more blanked sailings
“We think they [the container shipping lines] need to do much more, and rather quickly, to stabilise freight rates ahead of upcoming contract negotiations for the Asia-Europe route, which typically…
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…
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Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…