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Monthly Archives: May 2023

Freight market report – May 2023

Capacity utilisation had remained high from Asia, primarily due to blank sailings and a slight recovery in cargo, but utilisation levels slipped due to China’s Golden Week holidays and while global air freight capacity was up 15% last month, rate…

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UK SME’s favour the US

According to new research by the Federation of Small Businesses (FSB), the United States is favourite for 59% of exporting SME’s looking to trade outside the EU, with Australia 44% and Canada 36% following. The US is also the top…

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The sea freight model from China is changing

With the break up of Maersk and MSC’s 2M alliance in under two years, the shipping line alliance structure that has given the biggest container carriers the power to adapt services and capacity to maximise profitability will end. The 2M…

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Exciting times for exporters

Despite the UK’s economic travails, our recessionary flirting and a weak pound, the economy is actually quite resilient and exports will play a critical role in shortening the downturn. The Secretary of State for International Trade, Kemi Badenoch, said that…

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