World faces longer supply shortage as China’s factories squeezed Original article written by Bloomberg News, at AJOT Eric Li’s factory making glass lampshades for companies including Home Depot Inc. is being stretched to [...]
Ocean freight 'perfect storm’ worsens 'Outrageous' rates are 'untenable' and will wreak havoc on SME shippers/importers, penalise end-consumers and compromise economic recovery after COVID, warns UK forwarder Original article written by Stuart [...]
Most air freight shippers expect rates to stay high or rise this summer Three quarters of cargo owners surveyed expect Asia-Europe air cargo prices to remain at their recent elevated levels or rise [...]
Time to start prepping for Christmas shipping capacity crunch Retail sales are still outpacing inventory build despite import boom Original article written by Greg Miller, Senior Editor at Freight Waves Christmas is [...]
Covid outbreaks at sea immobilising entire crews Original article written by Sam Chambers, at Splash247 New variants of Covid-19 are immobilising entire crews, creating further panic and mayhem at sea, and highlighting the [...]
Eid celebrations trigger congestion at port of Chittagong Original article written by Bangladesh correspondent, at The Loadstar Bangladesh’s prime seaport Chittagong is facing significant vessel queues and container congestion in the yard, following last [...]
A rough ride for US shippers as the carriers' 'black swan' event goes golden Original article written by Alex Lennane, at The Loadstar High consumer demand in the US is not only impacting [...]
Over half of container bookings rolled at some ports Endemic congestion and lack of capacity is leaving cargos waiting for shipment Original article written by James Baker, at Lloyd's Loading List Container [...]
Shippers face high air cargo rates for some time yet Analyst indicates there is likely to be a continued capacity shortage for 12 to 18 months, keeping prices high Original article written [...]
Triple-whammy on the transatlantic drives rates even higher Original article written by Gavin van Marle, at The Loadstar The triple challenge of soaring demand, port congestion and container shortages have led to a [...]