Category: Supply Chain

Carriers profits soar, but shippers are distressed as a consequence

Rising shipping rates, sea freight disruption and port congestion, will only come to an end when global consumer demand eases, shipping lines believe. But as demand continues to outstrip supply, shippers are already in for a bumpy and expensive summer, with backlogs of growth and inventory st... Read more

Air cargo peak season starts early with no end in sight

Chaotic sea freight markets are driving delayed distressed planned ocean cargo over to faster air freight, creating an artificial early peak season, in which massive global demand meeting limited capacity, means that only the highest paying cargo will make it out of Asia on a flight, reg... Read more

Yantian port looking to resume full container operations

Hutchison Port’s Yantian International Container Terminal (YICT) have announced that they will resume full operation from 00:00 on the 24th June, with effective controls of COVID-19 in place in the port areas and daily handling capacity increasing to 27,000 teu’s when all 11 be... Read more

Brexit and pandemic challenged road freight supply chain with Europe

The twin impacts of Brexit and the pandemic had a negative effect on road freight in the first quarter of 2021, with freight tonnage and vehicle movements down significantly, marked by lack of capacity, driver shortages and other disruptions. January was the largest month-on-month drop in imports... Read more

Metro’s ECO portal prepares for July launch

The new MVT Eco module monitors the energy emissions, emission costs and CO2 equivalent emissions, of each consignment we move, by every mode and will be available free from the 1st July, which means that Metro customers can monitor the environmental impact of their supply chains and participate ... Read more

Hundreds of vessels waiting for berths, as congestion continues on a Global scale

Over 300 vessels, the most in the history of container shipping, are currently waiting for berths around the globe, as the industry continues to struggle with the operational impacts of COVID-19 and sustained demand at unprecedented levels. While we have reported many times on port congestion,... Read more

Sea freight rates from China 1,000% higher than a year ago into UK/ Europe

With the container shipping lines imposing yet another round of general rate increases (GRI), FAK (freight all kind) rates from China are looking at passing $20,000 per 40’ container, while calls are rising for the industry to be regulated as a utility to prevent it restricting capacity an... Read more

Air Freight Update; Central UK hub re-opens for Metro air freight arrivals

With increased support from key carrier partners, Metro has recommenced routing air freight traffic directly to our Birmingham Airport hub, from key Middle East and Asia origins, as well as trucking consignments directly from southern airports and mainland Europe. Alongside Heathrow, Gatwick a... Read more

UK exports hit by EU and US tariffs

Despite the tariff-free deal agreed with the EU, up to £3.5bn of British exports have already had taxes applied and the US has introduced new tariffs worth $2bn on European goods, including products from the UK. British goods worth billions of pounds, accounting for about 10% of British expor... Read more

Severe driver shortage threatens freight collections & deliveries

The mass departure of EU lorry drivers from the UK since Brexit has left hauliers facing an acute staff shortage of qualified drivers, that has been compounded by a backlog of driving tests due to the pandemic and is a looming crisis for the UK transport industry, with an impact on container mo... Read more

Sea freight rates continue rise

Monitored ocean Freight all Kinds (FAK) rates rose yet again this week from their already record-high levels, across all major East-West trades, up 518% on their level a year ago into Northern Europe and expected to remain on the higher side due to port congestion, huge demand and lack of e... Read more

Air freight rates show no sign of softening despite dip in demand in May

Current supply and demand dynamics will maintain elevated prices through peak season and into 2022, with analysts predicting systemic market changes that will keep rates at an elevated level in the long term. The rate of air freight rate growth has slowed on many routes, since peaking at the b... Read more