More bad news for shippers as containers lost overboard
Mounting container losses at sea are raising concerns about the effectiveness of current lashing practices and the likelihood of vessel loads being restricted on larger container vessels, reducing market capacity even further.
More than 2,650 containers have been lost overboard in two incident...
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Container equipment shortages may be lessening in Asia
Even if ‘one swallow does not a summer make’ we fervently hope that one container index’s ‘positive trend’ really does signify a turning point in container shortages.
The container selling and leasing platform Container xChange, track and compare the global availability of containers...
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Brexit update; Cross border EU traffic threatened
Increasing numbers of exporters are struggling to acquire critical transit documents, which allow goods to cross borders within the European Union, because of delays at issuing offices and difficulties obtaining or increasing transit guarantees.
The Common Transit Convention (CTC) allows truck...
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BBC report £10k freight costs to ship a container from China
Massive and continuing post-lockdown consumer demand has resulted in a lack of available space on vessels, shortage of empty shipping containers in Asia and congestion at destination ports, driving freight rates to levels never before experienced.
Taking issues that have perplexed shippers sin...
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Carriers CNY blanked sailing surprise
Optimism in signs that the equipment shortage crisis might improve after Chinese New Year, have been dealt a blow with the surprise announcement of blanked Asia to UK sailings, despite it being widely reported that carriers would not be using this tactic this year.
2M alliance members Maersk a...
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Why forecasting will beat the shipping challenge
In a customer advisory last week we outlined the current situation and challenges in relation to the inbound ocean freight container trade from Asia (China, Far East, South East Asia and The Indian Subcontinent) into The UK and Europe.
We highlighted the unprecedented challenges in Asia regard...
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Import supply chains; the UK challenge
The equipment shortage in China and Asia and the lack of vessel space on primary trade lanes are continuing to present significant supply chain challenges and while the UK’s port and transport infrastructure continues to struggle, stability is emerging in some areas.
The port and terminal di...
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New EU origin rules catching shippers out – if it isn’t manufactured in UK/EU duty is possibly applicable!
All goods with a UK or EU origin require an appropriate declaration of origin to benefit from preferential tariff rates and failure to provide this proof of origin could leave the importer liable for duty and - under some circumstances - the EU may even impose duty twice on the same goods.
The...
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Soaring freight costs and transit delays from China threaten price rises for consumer goods and products
As consumer demand for Asian-made goods rebounded in the second half of 2020, the shipping lines decision to remove capacity by idling vessels and stop replenishing container supplies, had an almost instant impact on freight rates with the unbalanced sea freight supply and demand equation driving...
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Heathrow cargo staff strike averted
British Airways’ (BA) cargo handling operation at Heathrow airport had been threatened with significant disruption following the announcement of further strikes, by members of the Unite union, in a nine day continuation of the action that started last December.
The cargo handlers have calle...
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Brexit delays and confusion causing logistics delays and headaches
The Channel ports may be quiet, but behind the scenes drivers are being held up for hours and even days because they lack the right documents. European carriers are suspending UK services and European located businesses have stopped serving UK markets.
The end of the Brexit transition period c...
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New inland border facilities
As part of their preparation for the UK’s new EU trading relationship the government committed to build new inland border facilities, to carry out customs compliance, transit, and Sanitary and Phytosanitary checks, including one facility opened beside Metro’s midland freight hub.
Sev...
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