Shipping lines follow Maersk’s Asia-Europe rate increase
Maersk took a sea fright market struggling with excess capacity by surprise a fortnight ago, when it announced its intention to impose a 49% freight all kinds (FAK) general rate increase (GRI) on the 1st August 2023.
The carrier said that to continue offering a broad portfolio of high-quality ...
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Service more important than assets
Despite continuous efforts by air and sea carriers to increase direct shipper relationships beyond the largest volume (BCO) contracts, freight forwarders still control the vast majority of air freight and last month NVO’s like Metro handled over half of FCL’s sailing from Asia, suggesting tha...
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The shipper’s new normal
The rapidity of the collapse in air and sea freight rates has given carriers the same level of trauma and shock experienced by shippers when freight rates exploded in 2021 and while the turnabout in the market was anticipated, its intensity and extent is far greater than expected, with ship...
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Sustainability is good business
As the effects of climate change intensify, the pressure on the food sector will increase over the coming decades, which is encapsulated by the FDF’s environmental ambition in creating a more sustainable food system.
Supply chain issues, labour shortages, threats to energy security and...
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Supply chain impact of interest rate rises
On 22nd June the Bank of England surprised markets and the public with the size of their latest rate hike, increasing their Base rate to 5% from 4.5%, putting the rate at the highest level for 15 years, with implications for shippers and supply chains.
Bank of England governor, Andrew Bailey, ...
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Pure car and truck carrier orders reach new high
As Chinese car exports continue to rise and British car manufacturing continues its resurgence, orders for car and truck RoRo (PCTC) vessels are the highest since 2008.
During the pandemic many PCTCs were scrapped and few built, as working from home depressed vehicle demand, but rising Chinese...
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Metro is SMEs resource to deal with post-Brexit paperwork
Time-poor SMEs are being forced to outsource their post-Brexit paperwork, which is adding cost and time pressures, but Metro’s digital CuDoS platform offers an easy solution.
The Federation of Small Business (FSB) Customs Clearance report found SMEs are often forced into using high-cos...
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Metro at Multimodal 2023
The UK freight industry’s only dedicated conference and exhibition – Multimodal – returned to Birmingham’s NEC centre last week and, being the largest forwarder in the neighbourhood, we popped in to catch the industry gossip and meet up with customers, partners and suppliers in the hall.&...
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Delivering the sustainable future, today
Alongside customers in key verticals, including food, drink, cars and commercial vehicles, Metro is committed to the highest environmental standards, by maintaining carbon neutrality, investing in alternative fuels and supporting our customers with technology-enabled sustainable supply chains.
...
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Supercharging supply chains for growth
The pandemic laid bare the critical importance of supply chains and executives tasked with managing them are much more significant figures in their businesses, as continuing success is highly dependent on improving supply chains.
For too many businesses the gap between supply chain planning, a...
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European division continues expansion
Five months ago European Director, Richard Gibbs, outlined his vision for Metro’s road freight and short sea services, in developing the business’ capability across the EU. Today, he updates us on his progress and next priorities.
“Since the start of the year we have been working very cl...
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Automotive trends – We are in lockstep
In a sign of the growing strategic significance of supply chain management for carmakers, two major manufacturers have appointed chief supply chain officers (CSCO) this month. Their appointments come after the industry has battled disruption to production and supply chains, shortages in semicondu...
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