Analysts warn box lines to withdraw capacity as spot rates sink
Container spot freight rates took another pummeling this week with declines seen on some of the major trades. View Linkedin…
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Container spot freight rates took another pummeling this week with declines seen on some of the major trades. View Linkedin…
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The industrial action is set to run for eight days from 27 September to 5 October. View Linkedin item here
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Typhoon Hinnamor has forced the ports of Shanghai, Ningbo & Busan to close, further disrupting shipping schedules from Asia. View…
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Some 8.8% of capacity is due to be pulled from the Asia to Europe market by ocean carriers over the…
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China-Europe rail freight volumes spiked last month, with demand for central Asian road freight connections also increasing. View Linkedin item…
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The average lifespan of a ship is 25-30 years. After this span, the ship may become too expensive to operate…
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Talks at ACAS to avert a strike at the UK’s biggest container port, Felixstowe broke down last night, both sides…
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Despite falling demand, transit times from Asia have failed to improve, signifying a ‘broken’ supply chain and ‘burnt-out’ logistics workers.…
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Asian forwarders are reporting a large drop in airfreight rates, but don’t believe this is the end of elevated prices.…
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With mass testing again underway, there are renewed fears that Shanghai could go back into lockdown and disrupt peak season.…
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