New trade system for developing countries
The Department for International Trade launched a new preferential trading scheme on the 15th August 2022. The Developing Countries Trading Scheme (DCTS) is intended to grow free and fair trade with 65 developing nations, with a combined market of more than 3.3 billion.
The DCTS extends tariff...
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Threat of port strikes to Christmas
Dock workers at Felixstowe finished their first strike in over 30 years on Sunday, after members of the Unite union withdrew their labour for eight days in a dispute over pay, with Unite members at the Port of Liverpool announcing it is likely to follow suit within weeks.
The&nb...
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US inland port will reduce pressure on Los Angeles and Long Beach
The Mojave Inland Port site is adjacent to the Mojave Air and Space Port, a fully operational airport capable of accommodating large cargo aircraft, with a Union Pacific rail line running through the site and the capacity to handle up to 3,600 trucks a day and three million containers per ye...
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Climate change forcing new unexpected factory closures in China
Just a few months after Shanghai emerged from the city-wide COVID lockdowns, which disrupted supply chains and forced factories to halt operations, manufacturers have been closed again, this time by the impact of climate change. A new challenge to Chinese production and sourcing.
An inten...
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Pressure on the Pound (£) continues as FX markets slump
Sterling's sensitivity to global stock markets has it struggling against the Euro and Dollar and stabilisation in global market conditions, to stop the continued August falls, is unlikely in the short term, it is predicted.
The Pound slumped sharply against both currencies as fears o...
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If you use ocean freight you can’t ignore IMO 2023 – what is it?…read on to find out the implications.
The supply chain challenges that have been driven by the pandemic and continue today with endemic congestion and disruption are significant and need attention, but preparation is needed for significant changes and challenges that are waiting just around the corner.
For close on two years every...
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Felixstowe | Liverpool | Railways: Ocean freight container supply chains face triple strike challenge
With rail workers striking tomorrow and Saturday nationally and the Felixstowe Port strike starting on Sunday, for potentially eight days, UK supply chain operations and infrastructure are facing the biggest industrial action challenge in decades.
Two of the UK’...
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Rhine closure to container barge traffic will have far reaching consequences
Europe’s heatwave forced the closure of the Rhine to barge traffic from last Friday as water levels fell 4cm below the depth necessary for operations, raising fears for container shipping and industrial disruption.
The Rhine, the second-largest river in central and western Europe, runs 760 m...
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More blank sailings show wisdom of mixed rate portfolio
As we enter the traditional peak season for sea freight, demand for space from China is falling and the lines are taking action to counter over-capacity in the North Europe and Mediterranean trades, while transPacific demand in stasis.
As Hapag-Lloyd published its Q2 2022 results, the impact o...
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Supply chain pressure index falling
Tensions across the Taiwan Strait are not good news for global supply chains, but after what has arguably been the most challenging 18 months ever, recent data suggests that supply chains could be returning to calmer conditions.
Since early 2020 shippers, carriers and 3PLs have battled with a ...
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Challenging air freight market with little room for optimism
Deteriorating global economic conditions may prompt some shippers to turn their back on air cargo, but after successful charters over the last two years, we expect dedicated freighter and part charter capacity to remain a fixture for many of our customers.
The numbers are n...
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Supply chain disruption may soak up sea freight capacity on major Asian container trades
Capacity from Asia to the West Coast will be 20% higher through September, than last year, but inland supply chain disruption is continuing and threatens to wipe out any benefit from the increased capacity.
Carriers serving the US West Coast will have 20% more peak-season capacity from Asia, c...
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