TPM and US review
Organised by the Journal of Commerce, TPM (Transpacific Maritime Conference) is the premier global shipping and supply chain conference, attracting senior executives from all areas of the industry.
Held annually in the port city of Long Beach, California, TPM brings together shippers, carriers...
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Air freight’s promising 2024 start continues
The global air freight market’s positive start continued last month with significant growth in demand and a corresponding rise in global spot rates, especially from the Indian Subcontinent, which is out of step with traditional market trends.
Traditionally, air cargo demand and spot rates te...
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Sea/Air growth undiminished
The latest air cargo data is showing a clear upswing in volumes at key sea/air hubs, as shippers from Asia seek to avoid the extended ocean freight transit that has resulted from the Red Sea shipping crisis.
Over the first two months of the year, volumes to Europe from Dubai, Colombo and Bangk...
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Red Sea impact on time-critical modes
Shippers’ concerns about Red Sea supply chain delays, plus an early Lunar New Year, pushed up air cargo volumes by 10% in January, but the availability of capacity has kept a lid on spot rates on most routes.
While there has been no definitive immediate increase in air cargo demand due to th...
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Freight industry award finalists
The British International Freight Association (BIFA) is the trade association for the freight, logistics and supply chain management sector. Their annual Freight Service Awards are the industry’s most contested and highly sought trade awards, because peer recognition is the ultimate accolade.
...
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Economic impact of Suez Canal diversions
For the UK and Europe fears are growing that any prolonged denial of access to the Suez Canal could impact faltering economies and derail plans to start cutting interest rates later this year.
Despite the confidence of European and UK central banks, uncertainties about the Red Sea crisis' impa...
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General Red Sea Update
The US and UK carried out eight strikes on Houthi targets in Yemen on Monday, as the Iran-aligned armed group continues to target commercial shipping in the Red Sea, with no sign that the conflict will de-escalate anytime soon.
While many hoped that the situation in the Red Sea might be a shor...
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Red Sea Crisis; Situation Report, Wednesday 17th Jan
Despite coalition military action, Houthi rebels continue to attack commercial shipping and with container shipping line’ schedules showing Cape of Good Hope routing for vessels into early February and beyond, it is clear that they do not expect short-term access through the Suez Canal and Red ...
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Retailers warn of delays after Red Sea attacks
Leading retailers including IKEA and NEXT have warned that the diverting of vessels aways from the Suez canal and around southern Africa will result in delays and may restrict the availability of certain products.
Re-routing container ships around Africa adds 3,500 nautical miles to a typical ...
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Sea freight shippers opt for air and sea/air alternatives
With the container shipping lines diverting around Africa until the Red Sea maritime security situation improves, the uncertainty and unpredictability that surrounds schedules could fuel demand for air cargo as shippers seek stability of services and certainty of transit times.
Air cargo deman...
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2nd January; Suez Crisis Update
In our 2023 supply chain review we said that we were hopeful that the formation of a coalition naval task force to patrol the southern Red Sea and Gulf of Aden would restore maritime security quickly, but Sunday’s two attacks on the Maersk Hangzhou suggest it could be some time before the route...
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Supply chain; a year in review
2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal.
The COVID pandemic and its after...
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