Bangladesh’s garment industry determined to rebuild global confidence
As factories reopen, truck movements increase, and key logistics operations resume, Bangladesh’s garment industry is determined to recover and win back their customers’ confidence.
Rail freight operations resumed on Monday, 12th August, and airports, container freight stations, terminals, ...
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Bangladesh supply chain disruptions
Bangladesh's Prime Minister, Sheikh Hasina, arrived in India this week following the army's seizure of power after violent riots. This development adds another challenge to global supply chains, with the world’s third-largest garment exporter now experiencing the world’s longest vessel berthi...
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Asia westbound market update
Air and sea freight from Asia continues to demonstrate remarkable resilience and growth, fuelled by robust demand, strategic capacity management, and dynamic trade routes, with India recording significant increases, driven by pro-industry government initiatives, eCommerce, and manufacturing growt...
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US market update: Navigating high demand and looming strikes
Shippers in the US are currently navigating a particularly challenging landscape, marked by elevated air cargo demand and looming threats of labour strikes on the East and Gulf coasts.
Air Cargo
Air cargo on the main trade lanes out of Asia remains in peak season mode. The situation is driven...
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Global IT outage disrupts supply chains
On Friday, a faulty update to Microsoft software by cyber-security firm Crowdstrike, saw global supply chain operations significantly disrupted, with the fallout expected to take weeks to fully resolve.
Thousands of flights were grounded or delayed at major air freight hubs in Europe, Asia, an...
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South Korea factory fire underline danger of lithium batteries
In June, a catastrophic factory fire erupted after several lithium batteries exploded, killing 22 people in South Korea. As a leading producer of lithium batteries, South Korea’s Aricell factory housed an estimated 35,000 battery cells, used in products ranging from electric vehicles to laptops...
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Air Cargo Demand Grows Strongly in Q2 2024 – and will continue for the rest of the year
Robust growth in global air cargo markets for April 2024 marks a strong start to the second quarter, with airfreight rates on key trades out of Asia remaining “firm” in June, despite the market entering the traditional quieter summer period or ‘slack season’. Quite simply there isn’t on...
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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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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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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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India; sourcing opportunity
For years India has been looked to as the next global manufacturing powerhouse and it now appears to be finally becoming the manufacturing power and sourcing alternative to China that it has long promised to be.
India’s Prime Minister Narendra Modi inherited an economy that was teetering on ...
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