Asia market update; May
With the Shanghai lockdown finally lifting after two months, it is great to see our Hecny colleagues returning to the office and while the local situation is already much improved,…
Archive: Supply chain
Shanghai reopening
The city is resuming outdoor activities in stages, with some public transport and other services already resuming, with the aim of lifting lockdown by the 1st June. Beijing has been…
Asia market update
Ahead of Asia's Lunar New Year holidays, the market for ocean and rail was particularly congested, with high demand and rates. With factories across China reopening this week, after the…
Storm disrupts US shipping
A significant winter storm hit the central US and East Coast last week adding further disruption to supply chains already struggling with labour shortages, delays moving imports inland and a…
Freight market report
As supply chains continue to battle with insufficient capacity, surging rates and overwhelmed transport systems, we asked our colleagues in seven key markets to share their insights on operations, demand,…
Passenger cargo capacity very welcome
Prior to the pandemic, the belly-hold in passenger aircraft provided 50% of global air freight capacity and the return of air travel will ease congestion and rate pressure, as more…
Forwarders hid extent of HGV driver crisis
The HGV driver crisis has been growing for two decades and despite the best efforts of the freight forwarding community and its effective transport management, the situation has been undermined…
Ningbo closure contributes to global vessel congestion
Two weeks since Ningbo container terminals closed after a worker tested positive for COVID-19 and port congestion has spread across China and Asia, while easing in Europe. The lessening of…
Sea freight market update
Demand for imports from Asia and the Indian subcontinent (ISC) continues to outstrip shipping line capacity and there are no signs that volumes will soften, maintaining pressure on global supply…
Air freight rates still firm
Current air freight supply and demand dynamics will maintain elevated prices through the peak season and into 2022, with some predicting that systemic market changes will keep rates at an…
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