Despite continuing global demand and freight rates breaking all records, vessel schedule reliability hit an all-time low in August and now ports have begun to turn away empty containers, due to the build-up of equipment that is delayed in its removal as a consequence. Although schedule reliability has hovered between 35%-40% for most of the …
Multiple issues are negatively impacting container haulage operations from ports across the UK, with inevitable financial and service impacts, which are likely to impact every importer of full containers. In the worst cases, if no action is taken, importers may face very significant additional charges, with no guarantee of delivery. Full load importers are facing …
Despite the massive challenges, our air freight team continue to find solutions for critical cargo and our Sea/Air services are invaluable for time-sensitive shipments. With options from across Asia, via a choice of hubs including Singapore, Colombo and Dubai, we offer the widest choice of service, transit and rates. There is a massive surge in …
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 …
The core problems impacting containerised shipping – the slow circulation of ships and containers, port disruption and the HGV crisis – are clearly worsening, as they diminish available capacity supply and continue to drive spot rates to record levels on pretty much every lane and every combination of port pairings. It is this loss of …
The circulation of container equipment and vessel schedule reliability continues to be a struggle, with our own analysis confirming that transit times from key origins increased by an average of 14 days and while some improvements have been made, we expect these to be undermined by the Yantian and Ningbo terminal closures. Aside from the …
Container imports at the US’ ten largest ports increased 14.3% year-over-year in July and ocean freight supply chains, now in their second year of extreme dislocation, are threatened by shipping lines suspension of merchant haulage. The complete erosion of sailing schedule reliability, ships waiting longer to berth, sub-standard port operations and delays unloading containers are …
Despite all the hype, Maersk has calculated that global container shipping demand is only up 2.7%, leading some analysts to assert that there is no COVID-era surge in global cargo demand, but there is a massive spike in supply chain disruption, which is the primary catalyst for driving rates up. Maersk, who’s rates are up an …
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 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 …