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The global ocean freight market is facing significant adjustments as carriers announce widespread blank sailings from Asia to Europe and North America. Over the next five weeks, 48 cancellations have been confirmed, impacting schedules on Transpacific, Transatlantic, and Asia-North Europe…
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North America’s freight market is navigating a turbulent period as labour disputes, arguments over automation, and the threat of rising tariffs converge to create significant operational challenges. With critical negotiations breaking down and ongoing port disruptions, shippers face mounting uncertainty…
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Air cargo demand surged again in July, and shippers are advised to plan and book space early to avoid disruptions during the upcoming peak season. According to IATA's latest figures, global air cargo demand rose by 14% year-on-year, fuelled by…
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Chinese port activity and export demand remain strong following Golden Week, influencing capacity across sea and air freight. In air cargo, demand from Asia-Pacific routes to Europe and North America remains robust, while overland transport in key regions continues to…
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The air freight market is entering a critical phase of sustained constraints, driven by rising demand, limited aircraft availability, and evolving regulatory pressures. Short-term demand is bolstered by year-end inventory replenishment, with long-term challenges, including production delays and emissions regulations,…
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Shippers with cargo aboard the Dali face significant financial risks if, as looks increasingly likely, the shipowner declares “general average” due to the huge losses caused by the accident. General average refers to a legal principle in maritime law under…
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The UK and Euro area economies moved back into expansion territory at the end of the first quarter, with manufacturing growing for a third successive month and new orders (PMI) accelerating to seven-month highs, with 2024 global GDP forecasts revised…
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Capacity growth is not keeping pace with a recent surge in eCommerce volumes and with signs that we may see the return of a traditional peak season this year, there could be a rush for space to the UK, Europe…
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