Air freight’s promising 2024 start continues
The global air freight market’s positive start continued last month with significant growth in demand and a corresponding rise in global spot rates, especially from the Indian Subcontinent, which is out of step with traditional market trends.
Traditionally, air cargo demand and spot rates te...
Read more
Sea/Air growth undiminished
The latest air cargo data is showing a clear upswing in volumes at key sea/air hubs, as shippers from Asia seek to avoid the extended ocean freight transit that has resulted from the Red Sea shipping crisis.
Over the first two months of the year, volumes to Europe from Dubai, Colombo and Bangk...
Read more
Red Sea impact on time-critical modes
Shippers’ concerns about Red Sea supply chain delays, plus an early Lunar New Year, pushed up air cargo volumes by 10% in January, but the availability of capacity has kept a lid on spot rates on most routes.
While there has been no definitive immediate increase in air cargo demand due to th...
Read more
Red Sea Crisis insurance withdrawals – fact or fiction?
In addition to fast-rising ocean freight rates and extended transit times, as the container shipping lines divert around Africa, shippers have been struggling to understand what (if any) insurance is in place, with insurance companies massively increasing war risk premiums and no longer willing t...
Read more
Red Sea Crisis; Situation Report, Wednesday 17th Jan
Despite coalition military action, Houthi rebels continue to attack commercial shipping and with container shipping line’ schedules showing Cape of Good Hope routing for vessels into early February and beyond, it is clear that they do not expect short-term access through the Suez Canal and Red ...
Read more
Sea freight shippers opt for air and sea/air alternatives
With the container shipping lines diverting around Africa until the Red Sea maritime security situation improves, the uncertainty and unpredictability that surrounds schedules could fuel demand for air cargo as shippers seek stability of services and certainty of transit times.
Air cargo deman...
Read more
2nd January; Suez Crisis Update
In our 2023 supply chain review we said that we were hopeful that the formation of a coalition naval task force to patrol the southern Red Sea and Gulf of Aden would restore maritime security quickly, but Sunday’s two attacks on the Maersk Hangzhou suggest it could be some time before the route...
Read more
The sea and air alternative from China
China to Europe rail freight services have grown massively since the advent of the COVID pandemic, with volumes surging 29% last year. But with services transiting Russia and Belarus sanctioned and the Ukraine route halted, the equivalent of 1.46 million TEU needs alternative solutions....
Read more
2021; a year of supply chain challenges
All around the world, companies have been impacted by supply chain challenges in 2021. With the pandemic’s disruption exacerbated by ‘Black Swan events', from Brexit, to the Suez Canal blockage, we have been working tirelessly to help our customers overcome these challenges and share critical...
Read more
Freight market report – December 2021
With supply chains battling through overwhelmed transport systems, material shortages, and infrastructure disruptions for close on two years, we asked our partners in seven key markets to share their thoughts on critical operational elements, including demand, capacity and rates.
BANGLAD...
Read more
Air freight market more than challenging
Despite the massive challenges, our air freight team continue to find solutions for critical cargo and our Sea/Air services are invaluable for time-sensitive shipments. With options from across Asia, via a choice of hubs including Singapore, Colombo and Dubai, we offer the widest choice of servic...
Read more
September Update: Air cargo under serious and sustained pressure – and it has only just begun….
Industry data released today shows that international demand for air cargo capacity versus a shortfall in supply pushed average global air cargo rates up 112% beyond their pre-COVID level, as lockdown in Vietnam and the closure of cargo handling terminals at Shanghai highlighted the fragility of ...
Read more