US Customs target non-compliant eCommerce and brokers
US Customs and Border Protection (CBP) is taking action to minimise the exploitation of the generous small package, or ‘de minimis' environment. Seizing goods and enhancing enforcement efforts to hold brokers accountable, the CBP’s actions are unsettling the eCommerce and freighter markets, a...
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Metro road freight division continues expansion
Metro’s mission to develop infrastructure, systems and services to drive the effectiveness and cost efficiency of our European transport solutions is gathering pace.
Just three months ago, our European Road Director, Richard Gibbs, said, “Metro has expanded its European road freight platfo...
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If you’re helping, we can help
There are many reasons why businesses supporting charities is good (not least that most of us, as consumers, would rather be aligned with a philanthropic company), but above all that it’s just compassionate, positive, and the right thing to do. Which is why we like to help.
While Metro - and...
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Sea freight rates from Asia continue to spike and remain on an upward trajectory
Between the start of April and last week, average spot rates from the Far East into North Europe increased by 31%, the US West Coast 30%, Mediterranean 25% and US East Coast 22%, with spot rates to Europe currently $6,000-$7,500 and analysts suggesting they may hit $10,000.
Market demand reach...
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US tariff increases on China EV’s have wider ramifications
Only 2% of US electric vehicle (EV) imports come from China and while economists ponder how effective President Biden’s new 100% tariff will be in protecting US markets, it is likely that EV flows will be redirected to Europe by manufacturers eager to exploit profitable markets.
On the 14th ...
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Global port congestion threat to capacity
The Red Sea crisis and the much longer sailing distances triggered by the diversion around Africa’s Cape of Good Hope (COGH) soaked up existing market overcapacity, which was just enough to cope with the extended COGH transit times, provided there were no additional disruptions to maritime supp...
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Summer 2024; France supply chain alert
This summer, a number of large-scale sporting events are likely to create some supply chain disruption, with the Olympic and Paralympic Games taking place in Paris between the 26th of July to the 11th of August, and the 28th of August to the 8th of September.
The Paris 2024 Olympic Games, whic...
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UK is world’s 4th largest exporter – we look behind the headline
The UK, which ranked 7th in 2021, leapt up to become the world’s 4th largest exporter in 2022, according to new data published by the UN Conference on Trade and Development (UNCTAD). But it may not be all good news and there’s plenty to consider within the data.
The UK’s rise to become t...
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Sharing our customer survey results: May 2024
Gathering regular feedback from our customers provides us with the essential insights we need to improve our services to better meet your needs and direct the continued development of our customer focused business.
These customer surveys provide an invaluable channel in understanding customer ...
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Ex-Asia spot rate spiral turned into shooting star
Container shipping lines have announced significant rate hikes on all ex-Asia trade lanes, due to increased demand and increasing equipment challenges in more origins and it would be prudent to expect more of the same.
Effective capacity to North Europe has decreased by 5% compared to a year a...
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Airfreight market continues to fly – for now
The surge in Asia to Europe ocean freight (see ‘Ex-Asia spot rate spiral turned into shooting star’) is also boosting demand for airfreight to Europe and even to North and South America.
Uncertainty and delays with ocean shipments have been encouraging more shippers to transfer to airfreig...
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US importers face multiple challenges
The rapid escalation of transpacific ocean freight spot rates is reminiscent of the spike experienced during the COVID-19 pandemic, while the air freight surge from Asia to the United States, that began late last year, looks likely to continue through the traditionally quiet summer months and int...
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