Mounting evidence that container crunch will persist until 2022 Retail inventory-to-sales levels still historically low despite higher spending on services Original article written by Greg Miller, at FreightWaves A [...]
'Yantian effect' could cause shortage of goods as rates are set to stay high Original article written by Nick Savvides, at The Loadstar Chronic congestion in Asia, particularly at Yantian, the US and [...]
More profiteering accusations fly at carriers as customer relations deteriorate Original article written by Mike Wackett, at The Loadstar Carriers are being accused of “welching” on newly signed contracts to go after more lucrative premium business.The [...]
Air cargo capacity to be cut back for slack season, despite China port delays Original article written by Alex Lennane, at The Loadstar The chaos and congestion in southern China ports has yet [...]
Latest ocean disruptions ‘highlight fragility of JIT model’ The continuing patterns of congestion, delays and capacity shortages, worsened in recent weeks by the problems in south China, require cargo owners to rethink [...]
Global volume dip leaves question mark over air cargo recovery After more positive indicators in the first four months of the year, May showed 'a less favourable trend,' according to analysis by [...]
Yantian ‘contagion’ will spread around the world The ripple effects from the congestion at southern China’s main export hub will put further pressure on a fragile supply chain Original [...]
Container rates rocket even higher — and there’s no end in sight Freightos: Asia-West Coast rates top $6,300/FEU; Asia-East Cost above $9,300/FEU Original article written by Greg Miller, at FreightWaves Another week, another record for container [...]
Container capacity shortage set to last until fourth quarter Hapag-Lloyd sees no sign of easing of freight rates as demand exceeds available slots and containers Original article written by James Baker, at [...]
Calm before the storm: box rates set for new surge as carriers prepare new GRIs Original article written by Gavin van Marle, at The Loadstar Container freight rates on the main east-west trades [...]