2021; a year of supply chain challenges
All around the world, companies have been impacted by supply chain challenges in 2021. With the pandemic’s disruption exacerbated by ‘Black Swan events', from Brexit, to the Suez Canal blockage, we have been working tirelessly to help our customers overcome these challenges and share critical...
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Freight market report – December 2021
With supply chains battling through overwhelmed transport systems, material shortages, and infrastructure disruptions for close on two years, we asked our partners in seven key markets to share their thoughts on critical operational elements, including demand, capacity and rates.
BANGLAD...
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Airport congestion stunting air cargo growth
Disrupted cargo handling and congestion on the ground muted air cargo’s growth in November, with volumes falling by -1.2% in a month that is traditionally one of the busiest, in the peak build-up to Christmas.
Last month’s fall in volumes compared to October 2021 came despite a +0.5%...
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Air freight airports and ground handling hubs grinding to a halt – and that’s everywhere
Sustained high demand, diminished capacity, COVID-safe work practices and apparent labour shortages, continue to place immense pressure on UK, European, US and global air freight hubs, creating congestion, from Heathrow to Azerbaijan.
While there are different situations at different airports,...
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Air freight rates continue to rise as capacity falters
Frustrated shippers, trying to avoid further container shipping delays, by switching modes, has driven air freight and charter rates to climb by up to ten times in a single week.
Further imbalance between supply and demand is emerging, with the airlines conversion of passenger aircraft into te...
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Air freight welcomes return of passenger flights
Passenger aircraft pre-Covid supplied at least 50% of all global airfreight capacity in the ‘belly-hold” space under the passenger deck and the return of air travel will ease congestion and rate pressure on the time-sensitive mode.
Passenger airlines will begin to...
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Air freight market more than challenging
Despite the massive challenges, our air freight team continue to find solutions for critical cargo and our Sea/Air services are invaluable for time-sensitive shipments. With options from across Asia, via a choice of hubs including Singapore, Colombo and Dubai, we offer the widest choice of servic...
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September Update: Air cargo under serious and sustained pressure – and it has only just begun….
Industry data released today shows that international demand for air cargo capacity versus a shortfall in supply pushed average global air cargo rates up 112% beyond their pre-COVID level, as lockdown in Vietnam and the closure of cargo handling terminals at Shanghai highlighted the fragility of ...
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Global air freight market and situation update
Peak Season for air cargo traditionally arrives in the latter half of September. It’s predictable although always a pain to negotiate and ensure that product, raw materials and components are available for the busy back end of the year, including the traditional retail festive season.
This y...
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COVID disruptions continue to impact global supply chains
The delta variant has broken through virus defences across the Indian Subcontinent and the whole of Asia and reached nearly half of China’s 32 provinces in just two weeks, threatening more supply chain disruption.
Developments are raising the threat of delays at ports and airports as authori...
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Air cargo gains momentum from rising prices in ocean shipping
The record-breaking sea freight rates, driven by restricted volumes, equipment availability and service disruption is pushing increasing quantities of ‘distressed’ ocean cargo to air freight solutions.
Metro have advised and updated regularly on the dynamic air freight market, which has re...
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Excessive demand likely to mean higher contract rates next year on all modes
The early start of the sea freight peak season and its likely extension through 2021 and possibly up to the Lunar New Year in 2022 means the chance of current market rates softening significantly are slender, particularly as disruption in any region creates more congestion and...
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