Brexit ferry gridlock
The BBC has reported that cross-channel ferry companies have warned of gridlock around British ports, as they confirm that after a no-deal Brexit, they will not allow trucks to board ferries, unless they have the right paperwork.
"We cannot take lorries across that cannot enter the country," o...
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Brexit trade agreements
The UK most recently signed a post-Brexit trade agreement with South Korea, bringing the total agreement rate to 63% of trade covered by EU deals.
The UK has signed continuity trade agreements with non-EU countries so that trade can continue with minimal disruption after the UK leaves the EU.
...
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Shipping line withdraw from China
Shippers from China have already seen the increased use of slow steaming, ship idling, blank sailings, and exhaust scrubbers to absorb additional capacity, and now it is announced by CMA-CGM that APL, will exit the Asia-Europe trade on 1st October.
In an effort to rationalise services and redu...
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Volatility masks reality
Asia-Europe volumes may have fluctuated in the 1st quarter of 2019, but it doesn’t hide the fact that growth has been slowing and with 460,000 TEU of ultra-large container vessels scheduled for delivery this year, capacity is going to massively outstrip demand in 2019.
Despite a surge at the...
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Is short-sea Brexit proof
Short-sea services can offer cost savings of up to 50%, for those willing to accept much longer transit times. But is transferring short-sea volumes to containers a way of avoiding any future Dover congestion, or is just making a bigger problem elsewhere.
There is a surplus of port capability,...
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It’s time to prepare for a no-deal Brexit
With just 11 days left until the Brexit deadline, the Prime Minster’s hopes of a third attempt to get her deal through parliament may have been dealt a fatal blow by the speaker, which means that forwarders, carriers and shippers need to prepare swiftly for the worst-case scenario and a no-deal...
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Carriers protect rates
With economic indicators forecasting a slowdown in trade demand in 2019 and more new container ships due on the Asian trade, the shipping lines are introducing slow steaming, ship idling, blank sailings, and exhaust scrubbers to absorb the additional capacity.
December and January are traditio...
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No-deal Brexit tariff published
Tariffs will be removed from 87% of imports, while some imports including selected foodstuffs and cars will go up, the government announced yesterday.
Goods from the EU are currently tariff-free, but in the case of a no-deal Brexit, World Trade Organization taxes would have been the default po...
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US Polar Vortex
A third of the United States has been experiencing temperatures of -17C (0F) or below, with loss of life and severe impact on freight and transport infrastructure. Temperatures are expected to swing above average over the weekend, which means that the situation will quickly normalise.
The pola...
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Chinese New Year
The Lunar New Year 2019 or Spring Festival, is the biggest Chinese celebration of the year, taking place 3rd to 9th February, with its usual profound impact on supply chains.
Factories, offices and other workplaces will be closed for the entire week of Chinese New Year, with most Chinese trave...
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