US regulator monitoring Asia shipping alliances
The United States Federal Maritime Commission (FMC), the body responsible for the regulation of ocean carriers and intermediaries, is intensifying its monitoring of shipping alliance activity on the trans-Pacific and trans-Atlantic trades.
Citing market fluctuations, the FMC’s regulators are...
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Brexit politics round-up 3rd December
While Joe Biden seemingly closes the door on any trade-deal for the time being, there is hope that EU trade negotiations are making some progress, but time is fast running out.
The UK has been prioritising a US trade deal, which looked promising with the administration of Donald Trump, a fierc...
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Selling sustainability to the board
The case for sustainability depends on debunking false mindsets around cost, outlining the value it brings to the business and clarifying the benefits to supplier relationships. Metro helps shippers reduce the environmental impacts of their logistics activities.
One of the big myths to overcom...
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The new Border (Brexit) Operating Model
On 13th July 2020, the UK Government released the Border Operating Model (BOM), detailing how the UK will manage customs and border control obligations post-Brexit. On 8th October 2020, the UK Government released a comprehensive BOM update that will be effective from 1st January 2021.
Al...
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Consumer goods boom driving sea freight rates
Reuters report shows how global container shipping rates have surged to record levels due to spikes in restocking demand in the United States and Europe, container scarcity at export hubs, and changes in freight flows because of the coronavirus pandemic.
The Freightos Baltic Global Container I...
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Drive home Brexit deal or risk £55bn manufacturing hit
The Society of Motor Manufacturers and Traders (SMTT) is urging the government to get a deal that avoids World Trade Organisation rules (WTO), or risk production losses of £55bn over the next five years.
As Brexit talks enter the final stretch, the SMMT made a last call for negotiators to kee...
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Asia container shortage intensifies
The lack of container equipment at Asian origins is so severe that carriers are leaving export cargo on the quay, to ship empty containers back from Europe and the United States.
The container shortages are so acute, particularly at the Chinese ports of Qingdao, Xiamen, Ningbo, and Shanghai, t...
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Brexit politics round-up 27th November
With just 35 (25 working) days until the end of the EU transition period both sides are trying to reach a trade deal, that will soften the blow of departure and avoid a shattering end that neither want.
Despite finance minister Rishi Sunak stating that “with a constructive attitude and goodw...
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New HMRC border system unworkable
HMRC’s legacy declaration system Customs Handling of Import and Export Freight (CHIEF) is over 25 years old and should have been replaced by Customs Declaration System (CDS) in 2019, but CDS is behind schedule and experts say it is unworkable.
One of the forwarding sector’s primary softwar...
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Road transport supply chains under threat
As the first wave of the COVID pandemic took hold in March the International Road Transport Union IRU estimated a decline in global road transport activity of up to 20% and a global loss in operator revenues of up to $1 trillion.
Despite maintaining supply chains, especially for essentials suc...
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Shippers switching to air to escape sea freight hell
With sea freight rates reaching some of the highest levels ever seen, along with equipment shortages, late vessels and still no guarantee of uplift, some shippers are starting to switch to air, driving up rates on a mode that had been enjoying some stability.
The current lack of container line...
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National press highlight Felixstowe port chaos
With disruption at the Port of Felixstowe branded “a mess”, the national press is now also reporting on global port disruption, as retailers express concerns about product shortages in the run-up to Christmas.
As Metro has been reporting regularly in recent weeks, the impact at Felix...
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