New container ship orders cheer shippers
The new containership order-book has been in decline since 2008 but, driven by new carrier confidence, activity increased significantly in the fourth quarter of 2020, with a further surge of nearly two million teu of orders in early 2021, meaning that new ships on order equal 18% o...
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Six months in UK businesses are still battling with the post-Brexit environment and sleep-walking into chaos
Surveys for the FT find companies have been hit hard by new checks and red tape, with almost a third of British companies suffering a decline or loss of business since post-Brexit.
The survey by the Institute of Directors found that 17% that previously traded with the EU have stopped — eithe...
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Container ocean freight update; another week in sea freight
Sea freight spot rates have surged further on the trans-Atlantic trade and routes ex-Asia, as a month of port restrictions, congestion and disruption across south China ports diminishes container shipping’s already severe global capacity and equipment shortages.
Shortages of space ...
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Metro’s ECO tool launches today – tracking and offsetting your carbon emissions within the supply chain
The new MVT ECO module that is launched today, with selected customers, monitors the energy emissions, emission costs and CO2 equivalent emissions, of every consignment we move, by every mode, so that shippers can monitor and have the option to offset their CO2 emissions.
As a non-asset o...
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Industry press; government to tackle the HGV driver shortage in The UK
Calls to bring in the army to help ease the UK’s worsening driver shortage have been rebuffed by the Road Haulage Association (RHA), who are calling on the Government to tackle the problem, which is affecting the speed and cost of deliveries across the country.
The Federation of Wholesale D...
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June 2021; Post-Brexit trade update
Dover is seeking a judicial review of a Cabinet Office decision, while the Government offer financial aid to exporters, as food and drink exports to the EU fall by half and critics decry post-Brexit trade deals.
TRADE AGREEMENTS
The UK has agreed with Australia its first big post-Brexit tr...
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Finished car shipments at pre-COVID levels
Car carriers that have been lying idle since the onset of the pandemic have been taken out of mothball, as one of the worst affected shipping segments, is quickly returning to pre-COVID activity levels.
The car carrier sector was amongst the parts of the shipping industry hardest hit by COVID-...
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Carriers profits soar, but shippers are distressed as a consequence
Rising shipping rates, sea freight disruption and port congestion, will only come to an end when global consumer demand eases, shipping lines believe. But as demand continues to outstrip supply, shippers are already in for a bumpy and expensive summer, with backlogs of growth and inventory st...
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Air cargo peak season starts early with no end in sight
Chaotic sea freight markets are driving delayed distressed planned ocean cargo over to faster air freight, creating an artificial early peak season, in which massive global demand meeting limited capacity, means that only the highest paying cargo will make it out of Asia on a flight, reg...
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Yantian port looking to resume full container operations
Hutchison Port’s Yantian International Container Terminal (YICT) have announced that they will resume full operation from 00:00 on the 24th June, with effective controls of COVID-19 in place in the port areas and daily handling capacity increasing to 27,000 teu’s when all 11 be...
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Brexit and pandemic challenged road freight supply chain with Europe
The twin impacts of Brexit and the pandemic had a negative effect on road freight in the first quarter of 2021, with freight tonnage and vehicle movements down significantly, marked by lack of capacity, driver shortages and other disruptions. January was the largest month-on-month drop in imports...
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Metro’s ECO portal prepares for July launch
The new MVT Eco module monitors the energy emissions, emission costs and CO2 equivalent emissions, of each consignment we move, by every mode and will be available free from the 1st July, which means that Metro customers can monitor the environmental impact of their supply chains and participate ...
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