Soaring India freight rates fuel demand for government backed national shipping line
The Federation of Indian Export Organisations (FIEO), the official body responsible for representing and assisting Indian exporters, has submitted a formal request to the Indian government to invest in developing its own shipping line, in response to ‘exorbitant’ freight rates.
As we have ...
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Sea freight rates to remain elevated into 2022 – and likely beyond
Economists are convinced that global sea freight demand will continue to outstrip container shipping capacity for the rest of this year and into next year, which is good news for the shipping lines’ bottom line, but not so much for shippers, who continue to pay premiums in order to get their pr...
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Safely moving dangerous goods
Lithium-Ion (Li-ion) batteries are a type of rechargeable battery that’s used commonly in electronic devices such as smartwatches and mobile phones, with demand for larger Li-ion batteries to power electric vehicles, but there are significant challenges in transporting these hazardous products....
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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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Container vessel schedule reliability at all-time lows on a global level
Vessel schedule reliability continues to struggle, falling to 38.8% in May, with the lines blaming congestion for the average 5.86 day delay of late vessels
The latest schedule reliability statistics continue to reflect an ocean freight infrastructure that has struggled under the weight of inc...
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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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Pandemic reveals weak links in global supply chain
Global supply chains have been under pressure since the outbreak of COVID-19 at the beginning of last year, highlighting deficiencies that have resulted in disruption, delays and rising costs. Along with a roller coaster journey from start to finish.
In time, most of the congestion and di...
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New container ship orders cheer shippers
The new containership order-book has been in decline since 2008 but, driven by new carrier confidence, activity increased significantly in the fourth quarter of 2020, with a further surge of nearly two million teu of orders in early 2021, meaning that new ships on order equal 18% o...
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Six months in UK businesses are still battling with the post-Brexit environment and sleep-walking into chaos
Surveys for the FT find companies have been hit hard by new checks and red tape, with almost a third of British companies suffering a decline or loss of business since post-Brexit.
The survey by the Institute of Directors found that 17% that previously traded with the EU have stopped — eithe...
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Container ocean freight update; another week in sea freight
Sea freight spot rates have surged further on the trans-Atlantic trade and routes ex-Asia, as a month of port restrictions, congestion and disruption across south China ports diminishes container shipping’s already severe global capacity and equipment shortages.
Shortages of space ...
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Metro’s ECO tool launches today – tracking and offsetting your carbon emissions within the supply chain
The new MVT ECO module that is launched today, with selected customers, monitors the energy emissions, emission costs and CO2 equivalent emissions, of every consignment we move, by every mode, so that shippers can monitor and have the option to offset their CO2 emissions.
As a non-asset o...
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Industry press; government to tackle the HGV driver shortage in The UK
Calls to bring in the army to help ease the UK’s worsening driver shortage have been rebuffed by the Road Haulage Association (RHA), who are calling on the Government to tackle the problem, which is affecting the speed and cost of deliveries across the country.
The Federation of Wholesale D...
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