Global vessel congestion and schedule delays grows further after Ningbo closure
Just two weeks since the Ningbo-Zhoushan containers terminal closed after a worker tested positive for COVID-19 and container port congestion has spread across China and many other regions.
Data from consultancy eeSea highlights how global container port congestion has grown over the past...
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Ningbo container terminal to reopen
Ningbo Meidong Container Terminal will open tomorrow, having suspended all operations early last Wednesday morning after a port worker tested positive for COVID-19. Local sources now advise that the Meishan Island container terminal will restart operations from 18th August.
Despite the Ningbo ...
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The World Economic Forum’s resilient supply chain formula – how it can assist you to continue to succeed in a challenging environment
The World Economic Forum (WEF) has identified eight points of resilience to help manufacturers and trading companies prepare for supply chain disruptions.
The qualities of the most resilient supply chains are based on a survey of 400 senior supply chain executives and representatives from gove...
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Metro ready for UK’s new single customs platform – are you?
HM Revenue and Customs (HMRC) announced last week that the Customs Declaration Service (CDS), a system integrated with our market-leading technology, will serve as the UK’s single customs platform from 31st March 2023.
Operating since 1994, HMRC is finally retiring its Customs Handling of Im...
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COVID-19: The critical worker crisis
In an effort to protect supply chains and essential services the government released a list of sectors where fully vaccinated workers may be exempt from isolation if they are told to quarantine after coming into close contact with a positive COVID-19 case. Many of these are within the supply chai...
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COVID disruptions continue to impact global supply chains
The delta variant has broken through virus defences across the Indian Subcontinent and the whole of Asia and reached nearly half of China’s 32 provinces in just two weeks, threatening more supply chain disruption.
Developments are raising the threat of delays at ports and airports as authori...
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Carriers inject capacity, but rates stay high
Container carriers are injecting additional capacity into the critical Asia-North Europe trade as they prepare for a strong and prolonged peak season and elevated rates.
With the massive consumer and inventory demand continuing, carriers are transferring capacity from other trades and deployin...
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Air cargo gains momentum from rising prices in ocean shipping
The record-breaking sea freight rates, driven by restricted volumes, equipment availability and service disruption is pushing increasing quantities of ‘distressed’ ocean cargo to air freight solutions.
Metro have advised and updated regularly on the dynamic air freight market, which has re...
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Sea Freight market update and Q3 Rates
We are in a new world of shipping. There have been spikes in demand and freight rates before, but never for such a long time and never on such a continuously upward trajectory.
The challenges we face are unique. Even with demand levels increasing on the most popular trades, equipment availabil...
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Shippers go out of business as ocean surcharges continue to mount
Container shipping lines are becoming ever more inventive with the names they apply to the surcharges they keep adding to already over-loaded FAK rates.
The latest example is Hapag-Lloyd’s ‘value-added surcharge’ of $5,000 per 40ft, from China to the US and Canada.
The carri...
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Post-Brexit update: Haulier and multimodal transport market latest
UK hauliers are under massive pressure, struggling to counter the border delays, increased administration and crippling driver shortages that have plagued the industry since Brexit and now, as they fear the full UK border checks due in January, drivers are planning a strike in August.
Surges i...
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Automotive supply chain issues not just about semiconductors
An unexpected upturn in consumer demand is playing havoc with Europe’s automotive supply chains, as supply shortages disrupt OEM’s manufacturing productivity
Factory shutdowns were a significant contributor to poor sales in 2020 and there were fears that a shortage of semico...
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