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Container shipping line alliances will from next April no longer enjoy their 15 year exemption from EU rules against anti-competitive agreements, because the EU believes that it was no longer supporting small carriers as intended and it does not boost…
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Container shipping lines (and by extension shippers) are facing another price increase in January, with the Suez Canal announcing a 15% increase in fees on northbound transits. (more…)
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Despite the lowest expectations of a peak season, global air freight indices are recording rate rises on major east-west trades in October, as the industry entered the traditional peak season period. The latest figures from the Baltic Exchange Airfreight Index…
Read MoreA subdued peak season, followed by a lengthy slack period, will prompt further rate erosion and while the Asia to Europe sea freight trade-lane has been relatively healthy and positive in June, with record numbers of new- build capacity being…
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In early July we reported how Maersk took the market by surprise with an FAK spot rate increase on its Asia-North Europe and Mediterranean services, with other carriers quick to follow their lead and while it remains to be seen…
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With sea freight schedule reliability currently just over 60%, air freight could be buoyed if the anti-trust rules imposed by the EU further impact reliability next year. For many shippers reliability is their most important selection criteria and often that…
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Spot sea freight rates from Asia to Northern Europe spiked last week by 25%, but may now have fallen back over 7%, while average spot rates from Asia to the US West Coast have increased 70% over the last two…
Read MoreThe Financial Times reported last week that post-Brexit UK border food checks, that were due to commence at the end of February, may be delayed for 5th time, due to cost and inflation fears. The FT’s report last week, said…
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