Category: Foodstuffs

Air cargo under pressure as peak season looms

With capacity already strained and further challenges expected from potential labour strikes and reduced belly capacity in the final quarter, shippers are under increasing pressure to secure cargo space ahead of the peak season. Strong demand According to IATA’s latest figures global air ca... Read more

Challenges in ocean freight: Capacity, congestion, and resilience

The ongoing disruption in the Red Sea and Gulf of Aden, which started with the hijacking of a vessel nearly ten months ago, has led to a substantial reduction in available container vessel capacity, driving up freight rates, intensifying port congestion, and exacerbating equipment shortages. T... Read more

US supply chains face multiple threats

Importers are entering a critical period, with looming labour disputes, capacity pressures, and surges in maritime and airfreight volumes are creating challenges that could disrupt supply chains well into the fourth quarter. Demand surge The Port of Los Angeles handled a record-breaking 940k ... Read more

European market review and group developments

The European freight market continues to face a complex landscape, characterised by fluctuating demand and evolving capacity challenges. In this review, we examine the current state of the road freight market and highlight recent group developments, including the acquisition of a Portuguese inter... Read more

Rising lorry thefts prompt calls for government action

The Road Haulage Association (RHA) has urged the government to establish a specific offence for freight crime and to develop more secure truck stops. This call comes in response to organised crime gangs (OCGs) increasingly targeting cargo, with over £1 million worth of goods stolen in a single i... Read more

Record volumes raise concerns for peak season

Global demand for ocean freight container shipping has surged to unprecedented levels, surpassing even the peak during the Covid pandemic and comes when available capacity is already strained due to diversions around Africa, leading to concerns that any peak season demand could be calamitous. ... Read more

Global IT outage disrupts supply chains

On Friday, a faulty update to Microsoft software by cyber-security firm Crowdstrike, saw global supply chain operations significantly disrupted, with the fallout expected to take weeks to fully resolve. Thousands of flights were grounded or delayed at major air freight hubs in Europe, Asia, an... Read more

A New Government – a New Britain; Strengthening UK Supply Chains for Economic Resilience

The Labour party’s manifesto outlines a commitment to bolster the resilience of supply chains in key sectors, a task that Transport Secretary Louise Haigh will spearhead. Recent global events, such as the war in Ukraine and pandemic-induced disruptions, have underscored the necessity of this... Read more

Air Cargo Demand Grows Strongly in Q2 2024 – and will continue for the rest of the year

Robust growth in global air cargo markets for April 2024 marks a strong start to the second quarter, with airfreight rates on key trades out of Asia remaining “firm” in June, despite the market entering the traditional quieter summer period or ‘slack season’. Quite simply there isn’t on... Read more

Europe may experience its own near-shoring boom

As planes descend into Monterrey airport, an expanse of warehouses and manufacturing complexes stretches out for miles, exemplifying the near-shoring boom that has swept through Mexico in recent years, as Asian companies and their supply chains move closer to the United States. Drivers of Mexi... Read more

Port congestion (amongst other things) continues to push rates up

With increasing amounts of ocean freight capacity soaked up by COGH (Cape of Good Hope) diversions and port congestion, spot rates are spiking, with indexes up significantly on 2023 and market led spot/FAK rates up by nearly 500%. Now, carriers desperate for ships and more capacity are setting n... Read more

Felixstowe train derailment

At 22:09 on Wednesday 19th June a GB railway locomotive and loaded wagons en-route to the Port of Felixstowe derailed on the branch line approaching the main Central and Northern railheads, causing significant damage to the track and closing both terminals to train movements. The Central and N... Read more