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Hapag-Lloyd Sees Prolonged Red Sea Reroutings Regardless of Ceasefire
Date : 2024-06-18
German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal anytime soon, even if a ceasefire between Hamas and Israel was reached now, a spokesperson for the company told Reuters on Tuesday.
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Asia-Europe Container Trade Surging as Forwarders Warn of Capacity Crisis and Soaring Freight Rates
Date : 2024-05-22
Forwarders are warning customers that demand on Asia-Europe ocean trades is beginning to look a lot like the pandemic peak.
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Red Sea crisis and port congestion drive blank sailing surge
Date : 2024-05-22
Box lines are tradionally using blank sailings to manage supply in relation to demand, but during the pandemic, shipping lines were forced to blank sailings despite high demand and high freight rates, as endemic port congestion created a shortage of ...
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E-retailer demand surge to drive extended boom in trans-Pacific air freight market
Date : 2024-05-22
Air cargo demand will enjoy a sustained boost as Chinese e-retailers such as Temu and Shein attempt to establish sizeable market share in the US.
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What is behind the sudden and dramatic increases in ocean freight container shipping rates?
Date : 2024-05-22
Ocean freight container spot rates have risen sharply on the world’s top trades since the start of May, prompting speculation that the peak season has arrived early in 2024.
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Will new US tariffs on China imports be a case of history repeating?
Date : 2024-05-22
Global supply chains are braced for further disruption and increasing costs after US President Joe Biden announced new tariffs on Chinese imports on 14 May.
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Global trade gains push air cargo rates higher: TAC Index
Date : 2024-05-09
Rates on big lanes out of China mostly maintained positive momentum of recent weeks and months
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Thousands of Canada’s rail workers have a strike mandate. What happens now?
Date : 2024-05-09
CN and CPKC engineers and conductors vote in favor of strike action
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OTI (Ocean Timeliness Indicator) April 29th, 2024
Date : 2024-05-09
OTI (Ocean Timeliness Indicator) April 29th, 2024
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EUSU LOGISTICS MONTHLY LOGISTICS & NEWS_MARCH '2024
Date : 2024-03-26
EUSU LOGISTICS MONTHLY LOGISTICS & NEWS
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[AIR] Air freight rates decline on LNY impact: TAC Index
Date : 2024-02-21
Index of outbound routes from Hong Kong suddenly dropped 13% WoW after recent gains
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[AIR] Indian e-commerce takes the air route to deliver cross-border
Date : 2024-02-21
Online retail shipments around the world are pouring volumes to air cargo due to the speed factor. The Indian air cargo is also witnessing an increased movement of e-commerce but not without challenges. “During the peak of the Covid-19 pandemic, it ...
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[SHIPPING] Spiralling ocean freight rates from the Far East to US may have peaked
Date : 2024-02-21
The Red Sea crisis sent ocean freight rates from the Far East to US spiralling by more than 150%, but there appears to be some relief on the horizon for shippers. The latest data released by Xeneta indicates a peak may have been reached after spot r...
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[SHIPPING] China-US container leasing rates rise threefold, container demand recovery on the horizon
Date : 2024-02-21
The global shipping industry experienced a significant surge in rates over the past couple of months, as an aftermath of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramaticall...
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Date : 2024-02-14
Air cargo rates from China have surged in the final full week ahead of Lunar New Year (LNY) on February 10 as shippers rush to get goods shipped before the LNY holiday period, according to the latest figures from WorldACD Market Data.
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[AIR] LOVE IS IN THE AIR… THE IMPACT OF VALENTINE’S DAY ON AIR FREIGHT
Date : 2024-02-14
Love is, quite literally, in the air as North America gears up for Valentine’s Day on 14 February through the import of fresh-cut flowers from Latin America. Let’s take a look at how the air freight market on this important corridor is shaping up as ...