Carriers protect rates
With economic indicators forecasting a slowdown in trade demand in 2019 and more new container ships due on the Asian trade, the shipping lines are introducing slow steaming, ship idling, blank sailings, and exhaust scrubbers to absorb the additional capacity.
December and January are traditio...
Read more No-deal Brexit tariff published
Tariffs will be removed from 87% of imports, while some imports including selected foodstuffs and cars will go up, the government announced yesterday.
Goods from the EU are currently tariff-free, but in the case of a no-deal Brexit, World Trade Organization taxes would have been the default po...
Read more US Polar Vortex
A third of the United States has been experiencing temperatures of -17C (0F) or below, with loss of life and severe impact on freight and transport infrastructure. Temperatures are expected to swing above average over the weekend, which means that the situation will quickly normalise.
The pola...
Read more Chinese New Year
The Lunar New Year 2019 or Spring Festival, is the biggest Chinese celebration of the year, taking place 3rd to 9th February, with its usual profound impact on supply chains.
Factories, offices and other workplaces will be closed for the entire week of Chinese New Year, with most Chinese trave...
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