Getting ready for air freight demand peaking during ‘peak’ season
While air freight demand from Asia and the Far East to the US has remained high, buoyed by eCommerce and inventory replenishment, demand into Europe has not been so strident in June, but even so rates are now beginning to rise.
May and June are normally a slack period and the air freight marke...
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The pain of pandemic freight rates
There cannot have been many weeks when we were either warning of impending rate increases, highlighting recent increases, or explaining why further rises were likely. And while we have protected our customers from the worst excesses of the lines, this article by Mike Wackett for The&nbs...
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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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Hundreds of vessels waiting for berths, as congestion continues on a Global scale
Over 300 vessels, the most in the history of container shipping, are currently waiting for berths around the globe, as the industry continues to struggle with the operational impacts of COVID-19 and sustained demand at unprecedented levels.
While we have reported many times on port congestion,...
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Sea freight rates from China 1,000% higher than a year ago into UK/ Europe
With the container shipping lines imposing yet another round of general rate increases (GRI), FAK (freight all kind) rates from China are looking at passing $20,000 per 40’ container, while calls are rising for the industry to be regulated as a utility to prevent it restricting capacity an...
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Air Freight Update; Central UK hub re-opens for Metro air freight arrivals
With increased support from key carrier partners, Metro has recommenced routing air freight traffic directly to our Birmingham Airport hub, from key Middle East and Asia origins, as well as trucking consignments directly from southern airports and mainland Europe.
Alongside Heathrow, Gatwick a...
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Sea freight rates continue rise
Monitored ocean Freight all Kinds (FAK) rates rose yet again this week from their already record-high levels, across all major East-West trades, up 518% on their level a year ago into Northern Europe and expected to remain on the higher side due to port congestion, huge demand and lack of e...
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Yantian port disruption widens with global ripple effects
While some container shipping lines will continue calling at Yantian, other carriers have already diverted ships as the port’s operations have deteriorated, with Maersk warning that delays are now expected to last two weeks.
The Yantian congestion is yet another disruption to global shipping...
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China to UK shipping; worst transits ever, at highest ever cost – and that’s a fact!
If this was a typical year, we’d be approaching the start of the peak season for sea freight and the shipping lines would be preparing a round of general rate increases (GRI), but this year is anything but typical and even with demand soaring way beyond any typical peak period and freight rates...
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Carriers skipping congestion hit China ports
As Yantian announces further reductions in container gate-in times, to try and alleviate congestion, shipping lines are skipping calls at Chinese ports, with the mission to improve schedule reliability and equipment availability.
The partial shutdown of Yantian International Containe...
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Start your Christmas shipping planning right now – do not delay
Retail sales and consumer demand are still outpacing attempts to build inventory and despite the massive boom in imports, the inability to create inventory is likely to continue all year for many commodities and finished goods. So, if you want stocked shelves this Christmas, it’s time to star...
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Why Sea/Air is the smart choice from Asia
The global freight market continues to present challenging circumstances wherever you are shipping, by whatever mode you have chosen and on whatever trade lanes that you are operating. It is a global situation which has worsened over the last 12 months from famine to feast from a carrier perspect...
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