Supply chains brace for more disruption as storm season intensifies
From wildfires and floods to scorching heatwaves, the consequences of climate change are becoming more pronounced, and as we enter the peak shipping season, businesses are scrambling to prepare for what is predicted to be one of the most disruptive storm seasons in recent memory.
So far in 202...
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New shipping alliances for 2025
With the dissolution of the 2M partnership between MSC and Maersk in February 2025, new partnerships and slot-sharing agreements are emerging, positioning shipping companies in a transformed global market.
One of the key developments is the formation of the Premier Alliance, which will replace...
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Ongoing labour disputes threaten global supply chains
While recent developments in India and Canada suggest some relief from labour disputes, the threat of strikes continues to loom over port operations and global supply chains. The situation remains precarious, especially with the added complications from Red Sea diversions, which could magnify the...
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Metro expands Great Place to Work Certification globally
Metro has reached a significant milestone by extending its Great Place to Work (GPTW) certification to its Chennai office, reflecting the hard work and dedication of the Metro India team and affirming the company's commitment to creating a supportive and fulfilling work environment across all its...
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SECURITY UPDATE: Red Sea
The recent sinking of the Prestige Falcon oil tanker, following a Houthi attack, marks the deadliest incident involving these strikes to date.
The vessel capsized near the Omani coastal city of Duqm, and while the Indian Navy rescued nine of the 16 crew members, one was found deceased, and six...
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Peak season impact on container freight rates
The last week of June saw further gains on sea freight spot rates from Asia into Europe and North America, as a series of peak season surcharges (PSS) were imposed and new FAK levels from 1st July creating double-digit increases in spot freight rates.
With spot and FAK rates across all three c...
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India exporters face more challenges
Shipping lines are imposing surcharges and raising freight rates as capacity from India to Europe, North America and The Rest of The World tightens. Indicative of why this is, can be seen with exports to the US up 13% and significant ocean network changes expected on the India-North America trade...
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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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State of the air freight market
The effective closure of the Red Sea and the Suez Canal to container ships is adding around two weeks to supply chain transit times and creating a backlog of manufacturing components, late shipments and inventory replenishment, with critical consignments reliant on air solutions. While Iran's att...
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Strengthening global partnerships: India
Metro’s main board recently completed a multi-city tour across India, as part of a strategy to fortify existing partnerships with key suppliers and to carve out new avenues for growth, by direct engagement with prospective customers.
The visit spanned several major cities including Mumbai an...
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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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