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While transatlantic revenues for the container shipping lines have fallen from their historic highs of last Spring, they remain far above comparable revenue on trade routes from Asia and the temptation to add more capacity is nearly always irresistible. (more…)
Read MoreFurther pressure on freight markets will build as airline passenger capacity is added and the container shipping lines receive new-build vessels, but there are hopes that rate erosion may still ease, as rock-bottom prices are not good if carriers decide…
Read MoreUnite union members working at Felixstowe Port will walk out for the second time on the 27th September, with strike days overlapping Liverpool’s dispute for seven days. Unite says the strike is to take place after workers “overwhelmingly rejected management’s…
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With their first, two-week, strike still underway, the Unite union has announced a second, one-week, strike at Liverpool, saying an offer of an 8.3% pay rise and one-off £750 payment fell well short of the present 12.3% rate of inflation.…
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Our latest freight market report provides multi-modal situation updates and insights, together with strike and carrier updates, that will provide you with critical insights for the weeks ahead. (more…)
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The shipping lines pumped so much capacity into the China to Europe trade lane, to make a fortune over the last two years, that they can’t make the permanent capacity withdrawals that would protect their bottom lines and now the…
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From the 1st January 2023 container ships will need to meet a round of new ECO regulations, in a development that will reduce the supply of vessels in the container shipping market and may contribute to increasing costs and lower…
Read MoreOur last freight market report of the year provides multi-modal situation updates and insights, together with China and carrier updates, that will provide you with critical insights for the weeks ahead. Most Chinese regional supply chains, road transport, air and…
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