Unlucky ‘spot’ shippers faced with rate hikes to get cargo shipped
Spot market shippers have seen continued rate spikes this week and the shipping lines are preparing for further rate elevation, as excess demand leads to cargo-rolling increases at many origin and transhipment ports.
Shippers using the spot market for consignments from Asia to Euro...
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Food exporters highlight one of Brexit’s biggest impacts
This stunning article from The Grocer highlights the massive impact that the post-Brexit free trade agreement has had on one of our most vital business sectors.
Food exporters have spent a total of 58 years filling out export health certificates so far this year as a result of the new post-Bre...
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China export’s soar but factory prices rise
China's exports have surged, driven by post-lockdown demand from the US and Europe, while factory gate pricing has risen at the steepest rate for more than three years.
China's economy grew 18.3% in the first quarter of 2021 compared to the same quarter in 2020, in its biggest GDP jump si...
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The Suez impact and even more carrier surcharges
European container ports survive the post-blockage Suez surge, but container equipment is out of position and remains scarce.
Europe’s container terminals have been struggling to handle increased import volumes since Q3 2020.
Keeping recurring congestion at bay has been their biggest chal...
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Air cargo industry’s first sustainability report
The International Air Cargo Association (TIACA) has released their Air Cargo Sustainability Report - Accelerating the sustainable transformation of air cargo - which is the first comprehensive study undertaken on the sustainable transformation of the air cargo industry.
As part of TIACA...
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Containerisation turns 65 in its most challenging year
Sixty five years ago saw the beginning of containerisation, with the inaugural voyage of the first container ship, the Sea Land Ideal X on the 26th April 1956. Today, despite its best efforts, the container shipping industry is swamped by the continuing deluge of pandemic and lockdown related ...
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Canadian government legislate against Montreal strike
Port operations at Montreal resumed on Sunday after legislation was passed by the Canadian Parliament to end the industrial action by longshoremen, however it will take several days, or probably weeks, to return operations to anything like a normal situation.
About ten ships are currently en-r...
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Container shortage intensifies
Finding an empty container in Shanghai, Ningbo, Yantian or any other major Chinese gateway port, is becoming a major problem, yet again, as Asian container availability is tightening, and purchase and rental costs are soaring, and equipment will become even scarcer as demand builds through May in...
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Air freight market still climbing
The global air freight market is accelerating rapidly, with massive rate increases impacting many trade lanes, with Asia & Europe to the US particularly affected.
Volumes out of China have been increasing weekly, with higher yields to the US attracting carriers to the routes and reducing d...
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Ocean Freight Update; On the front line from Asia
Our sea freight ops team continue to perform in a very challenging global ocean freight environment and with global supply chains likely to be under pressure for the rest of the year, they will continue to deliver the highest possible levels of service and performance available with all options b...
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£150m stolen from supply chains in 2020
Over £400,000 worth of goods in transit were stolen every day from Europe, Middle East and Africa (EMEA) supply chains in 2020, even with many countries being under lockdown for much of the year.
The Transport Asset Protection Association (TAPA) recorded 6,463 cargo thefts across 56 countries...
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Sea rates surge amidst equipment shortages
Peak Season surcharges were expected to soften, reduce or even be withdrawn after Chinese New Year. And while this was widely anticipated, the reality is that with continued demand, the lack of empty equipment and the Suez crisis, rates have gone much higher and most carriers have actually increa...
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