Coronavirus

HGV crisis hidden for years

The HGV driver crisis, which has been gathering pace over the last two decades, has been largely hidden due, in no small part, to effective transport management by the freight forwarding community. But the situation has been exacerbated by Brexit and tax changes which encouraged 20 thousand European drivers to return to the continent and

September Update: Air cargo under serious and sustained pressure – and it has only just begun….

Industry data released today shows that international demand for air cargo capacity versus a shortfall in supply pushed average global air cargo rates up 112% beyond their pre-COVID level, as lockdown in Vietnam and the closure of cargo handling terminals at Shanghai highlighted the fragility of Asia supply chains.  Dhaka in Bangladesh is also very

Global air freight market and situation update

Peak Season for air cargo traditionally arrives in the latter half of September. It’s predictable although always a pain to negotiate and ensure that product, raw materials and components are available for the busy back end of the year, including the traditional retail festive season. This year air freight has become an essential mode earlier

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 fortnight in China and neighbouring nations, yet has momentarily eased in Europe. Not unsurprising

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 port authority claiming that it had been able to work at 90% capacity

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 deploying additional vessels, which will increase market volume by 15.1% over the next 12

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 chain and global logistics platforms that

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 carrier told customers the new surcharge was due to “extraordinary demand from China and the