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Shippers continue to navigate a mix of recovery and ongoing challenges across air, sea, and road freight, with varying degree of intensity around the globe. As we move through the third quarter, businesses must remain agile, with the potential for…
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Recent fires at major ports, including the explosion aboard the YM Mobility at Ningbo on the 9th of August, have highlighted a critical issue: the danger of not having appropriate marine insurance in place. As global supply chains become increasingly…
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The outlook for the 2024 peak season appears optimistic, with carriers showing confidence through their planned levels of blank sailings and capacity deployment for the remainder of the third quarter. We review the carriers strategic approach to blank sailing, for…
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The International Air Transport Association (IATA) reports continued strong demand for air cargo, with global markets experiencing significant growth. June’s data highlights exceptional first-half performance, surpassing the volumes of both 2022 and the record-breaking 2021 levels. Market Trends In June,…
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Over seven months have passed since the Galaxy Leader was hijacked by Houthi rebels from Yemen, and despite numerous US and coalition strikes, attacks on merchant vessels have increased. Conflicts in the Middle East often extend for years, influencing container…
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It is increasingly likely that strikes at ports along both coasts will be triggered as negotiations with maritime employers stall and the current master contract is set to expire on September 30, 2024 and the International Longshoremen’s Association (ILA) determined…
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As we enter the second half of 2024, the sea freight industry faces significant uncertainties, particularly around supply. Diversions around the Red Sea and ongoing port congestion have absorbed any excess capacity that existed at the end of 2023. Since…
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French port strikes have been suspended, but German strikes have started, with industrial action by Canadian railways likely and industrial action by Canadian railways is becoming more likely, while the International Longshoremen’s Association (ILA) is edging closer to the first…
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