Sea freight market review
The sea freight market in October 2024 is facing continued challenges from geopolitical tensions and industrial actions, with strikes on the US East and Gulf Coasts contributing to significant disruptions.
Although the three-day US East coast strike in early October has been resolved with a te...
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Road freight market sees failure and consolidation
The UK road freight market is facing severe pressures from rising operational expenses and ongoing labour shortages, with Q3 rates surging 10% year-on-year, reflecting widespread cost increases.
This tough economic climate has led to the failure of nearly half of all haulage companies launched...
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Reefer container shortage looms as demand surges
The global market for refrigerated containers, or reefers, is facing significant pressure as we approach the end of 2024. Seasonal demand, combined with increased export activity from regions like Latin America, is straining equipment availability.
This surge coincides with the peak season for...
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US East Coast dockworker strike: Temporary resolution but risks remain for January
While a tentative agreement between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) has paused the strike, a final resolution must be reached in January 2025, or further disruption could occur.
The recent US East and Gulf Coast dockworker str...
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US East coast port strikes underway
At 12:01 a.m. ET on Tuesday 1st October 2024, dockworkers along the US East and Gulf Coasts began a major strike, marking the first significant work stoppage in nearly 50 years, threatening major supply chain disruption across the US and beyond.
Nearly 50,000 members of the International Longs...
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Australia follows US and Canada with stricter air cargo security measures
In response to heightened security concerns, the US, Canada, and now Australia have implemented stricter security protocols for air cargo originating from Europe and the CIS, to minimise potential risks after incendiary devices were discovered within European parcel networks.
Australia’s Dep...
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Enhanced groupage services to France and Germany
In our continued efforts to provide exceptional trans-European logistics solutions, we have recently upgraded our groupage services to France and Germany, offering greater speed and efficiency, alongside competitive rates and our top-tier customer care.
Our French groupage services continue to...
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Seasonal measures for Brown Marmorated Stink Bug (BMSB)
The 2024/25 Brown Marmorated Stink Bug (BMSB) season is now underway, which means strict import regulations are implemented by Australia and New Zealand, with the United Kingdom a target risk country.
The BMSB is an agricultural pest native to China, Japan, the Korean peninsula, and Taiwan, an...
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Stricter air cargo security measures in response to rising threats
The US and Canada have introduced new security measures aimed at addressing the potential risks posed by incendiary devices found in European parcel networks.
Recent incidents, including a fire at a logistics hub in Leipzig originating from a Baltic package, have heightened awareness of potent...
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US East coast port strike looms as White House declines plea to step in
Ocean carriers and port employers are urging the International Longshoremen’s Association (ILA) to return to contract negotiations in an effort to avoid a potential strike across East and Gulf Coast ports, as the White House rejects plea by 177 trade associations to use legal powers.
A str...
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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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Air freight peak season surge amid tightening capacity
As the air cargo market enters the final quarter of 2024, capacity is already under pressure, with spot rates from Asia climbing and setting the stage for a challenging few months.
In early September, global spot rates saw a significant rise, driven primarily by tightening capacity from key re...
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