Summer 2024; France supply chain alert
This summer, a number of large-scale sporting events are likely to create some supply chain disruption, with the Olympic and Paralympic Games taking place in Paris between the 26th of July to the 11th of August, and the 28th of August to the 8th of September.
The Paris 2024 Olympic Games, whic...
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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...
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US importers face multiple challenges
The rapid escalation of transpacific ocean freight spot rates is reminiscent of the spike experienced during the COVID-19 pandemic, while the air freight surge from Asia to the United States, that began late last year, looks likely to continue through the traditionally quiet summer months and int...
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Red Sea diversions create Western Mediterranean port congestion
The mass diversion of container ships away from the Red Sea since December has raised fears of congestion across west Mediterranean container ports, as carriers from Asia drop boxes destined for the eastern Mediterranean.
Instead of entering the Mediterranean Sea dead end, created by the effec...
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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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Ocean demand outweighs supply
The ongoing impact of vessel diversions as a result of the Red Sea conflict continues to absorb available capacity at a time when demand is rapidly increasing. Container volumes are already higher than many predicted and there is a possibility that we have already entered a peak season market env...
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Environment matters
Managed well, supply chains reduce costs and enhance profitability, but the impact of climate change has highlighted the importance of sustainability and the need to improve supply chains to protect our ecosystem and preserve natural resources for future generations.
The supply chain plays ...
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Red Sea crisis expanding and growing
After the longest period of attack-free shipping in the Red Sea since December, the situation in the region is escalating, with an increase in Houthi attacks, fears that the ‘danger area’ may be expanding into the Arabian Sea and Indian Ocean and an Iranian vessel hijack off the Gulf of Oman....
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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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UK and EU customs border changes
ICS2 advance filings will be used by EU customs to identify high-risk shipments from the 3rd June, while post-Brexit import charges which come into effect on the 30th April have raised fears of UK food price inflation.
The UK Common User Charge (CUC)
The CUC will apply to each commodity line ...
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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...
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Baltimore supply chain contingencies
In Baltimore work to remove the 9,662 TEU vessel Dali and damaged bridge has begun, with seven floating cranes and 30 vessels on scene, but with 4,000 tons of steel pinning the ship to the riverbed port officials suggest vessel diversions could last three months.
The bridge collapse will mean ...
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