Category: Retail

Ex-Asia spot rate spiral turned into shooting star

Container shipping lines have announced significant rate hikes on all ex-Asia trade lanes, due to increased demand and increasing equipment challenges in more origins and it would be prudent to expect more of the same. Effective capacity to North Europe has decreased by 5% compared to a year a... Read more

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... Read more

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 ... Read more

Supporting the Monsoon Accessorize Trust

The Monsoon Accessorize (MA) Trust was formed in 1994 to give back to the communities that the business source from. It has financed 262 sustainable development projects around the world, to deliver life-changing support to over 240,000 people and with your support it could do even more. Helpi... Read more

Red Sea, garments and eCommerce among factors driving up airfreight rates

Traditionally airfreight rates would soften at this time, as the start of the airline passenger summer season adds significant amounts of belly-hold airfreight capacity on long-haul routes, but pockets of high volumes are pushing rates up. Globally, the air cargo market is experiencing rising ... Read more

Red Sea update

The last three months of 2023 were some of the worst for liner shipping’s finances in recent years, while early volume indications for this year suggest the coming months could bring stronger trading conditions for shipping lines, especially with the Red Sea diversions and capacity management t... Read more

Near-shoring boosted by supply chain disruption

The post-COVID environment, geopolitical uncertainty, protectionism, climate-change events and now the Red Sea crisis have all put pressure on global supply chains and as we discovered at TPM, companies are increasingly considering the evolution of their global supply chains to minimise risk and ... Read more

Research uncovers scale of Red Sea disruption

New research by the British Chambers of Commerce (BCC) has found that over half of importing manufacturers and retailers (53%) have been impacted by the disruption to shipping caused by the Red Sea crisis, with over half of exporters (55%) also experiencing increased costs and delays. The issu... Read more

US importers face inventory replenishment quandary

Many US companies, including big retailers, were successful over the course of 2023 in clearing out the stockpiles of inventory, that they built up during the pandemic to cope with shipping disruptions and changing buying patterns. During the pandemic many retailers and manufacturers flipped f... Read more

OCEAN Alliance seek stability

Although there was market speculation that a member of the OCEAN Alliance might be tempted to leave and join THE Alliance in 2027, a new agreement by the remaining members makes it very unlikely this decade. Seeking to send a clear message of stability, after Hapag Lloyd’s defection to the G... Read more

Red Sea crisis; situation report

The UK Maritime Trade Operations (UKMTO) is already reporting multiple new Houthi attacks on vessels, following two missile strikes on the British registered general cargo vessel “Rubymar” on Sunday, which the crew had to abandon on Monday. The Rubymar attack was followed by a merchant ves... Read more

China dumping fears growing

The United States is voicing increasing concerns that Chinese manufacturing overcapacity will hit world markets, while the EU launched an anti-dumping investigation into China’s EV industry last year. Senior US Treasury officials told the Financial Times this week that a visiting US delega... Read more