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The supply chain updates and developments that matter
The pre-Christmas spike in eCommerce volumes out of China means that demand for air cargo space has risen 5%, driving rates up 11% from Hong Kong and China to the US and 9% to the UK. Having anticipated no peak…
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The Panama Canal handles about 6% of global trade and more than 70% of the cargo that passes through it, is either heading to or departing from the United States, but recent reports of 123 ships waiting to transit the…
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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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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…
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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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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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Normal(ish) operations continue at most Israeli sea freight terminals, but a backlog of vessels is growing and while some airlines have resumed services to Israel, the industry is still exercising caution and charter requests are becoming increasingly harder to fulfil.…
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Container shipping lines will be introducing new surcharges from 2024 to cover the costs of the EU Emissions Trading System scheme and while some cost indications have been provided, there are many problems in calculating the “correct” surcharge. The EU…
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