CMA CGM has published their Q3 results and in line with the other major Asia/Europe and trans-Atlantic carriers, they have made an extremely high degree of profit, due to the continued demand for space, exacerbated by global disruption diminishing the amount of vessel space available. The CMA CGM group reported a net profit of USD …
Leading commercial property agents have warned that the UK could run out of warehouse space within a year, following the surge in online shopping and supply chain disruption triggered by the COVID19 pandemic. Demand for warehouses and vacant space is being driven by eCommerce, manufacturing and logistics support businesses that are having to hold inventory …
The bulk of the world’s trade is shipped in intermodal shipping containers, which have remained largely unchanged since IMO standardisation 50 years ago, but innovation may be the key to reducing supply chain congestion. Is this a new era of global container shipping? Few tools of the global economy have survived without major innovations as …
With warehouse space becoming increasingly scarce, access to 100,000 pallet spaces would be welcomed by most shippers. The new group Mega Distribution Centre beside Felixstowe port, offers the smart executive access to plenty of space and the opportunity to cut costs, simplify processes and improve cash flow. The new 750,000 sq ft Felixstowe Mega DC …
Asia’s largest ports are showing signs that congestion is easing ahead of the Christmas holiday season, with Shanghai traffic declining 0.2%, Hong Kong ship count dropping 10.4% and Singapore dropping 14.7% according to an analysis by Bloomberg. While any easing of volume is welcome, Bloomberg’s results are based on a single week’s traffic and the …
Sustained high demand, diminished capacity, COVID-safe work practices and apparent labour shortages, continue to place immense pressure on UK, European, US and global air freight hubs, creating congestion, from Heathrow to Azerbaijan. While there are different situations at different airports, the demand for air cargo is exceptionally high and ground-handling operations are proving to be …
Congestion at both ends of the critical Asia-North Europe (this still includes the UK) shipping trade is wrecking vessel schedules, with the average delay of container ships completing a round-trip loop rising by over two weeks, as carriers skip congested ports at both ends, and quite often in between. These extended transit time delays are …
Environmental reporting standards for business have been high on the agenda at the UN’s Climate Change Conference – COP26 – currently underway in Glasgow and Metro support the drive for businesses to be open about their impact on the planet, as transparency is an essential precursor for reaching global solutions to a global problem. Companies’ …
The pandemic has underlined the critical importance of the global supply chain, in meeting critical PPE and medical needs, as well as satisfying consumer demand and the challenges in keeping goods moving efficiently along it. The pandemic is creating new challenges for supply chains, as it keeps them working under unrelenting pressure, bringing to light …
The challenges of finding tank containers and getting them booked for vessel loading at origin have been growing, making the transport of dangerous and complex goods more and more difficult. Widespread disruption and delays in the global ocean supply chain have cut available transport capacity, with chemical cargoes that are typically dense weight and better …