The sustained demand for Asian exports is worsening an equipment imbalance that has built steadily through the peak season on the trans-Pacific and Asia-Europe trades.
American Airlines Cargo Carries Colombian Gold Treasures To London For Major, New British Museum Exhibition
05 Nov 2020
There is no certainty the current strong demand that is keeping rates up on the Asia–Europe trade will continue past Chinese New Year, something that is starting to be reflected in longer-term rates.
21 Oct 2020
Limited air cargo capacity and high ocean load factors are keeping demand elevated on the overland rail network between China and Europe.
22 Sep 2020
Congestion at the UK’s busiest port has prompted CMA CGM to impose a surcharge on all Asian imports and exports through the gateway.
18 Sep 2020
The UK’s busiest container port is being overwhelmed by peak season volume, staff shortages, and problems with its truck booking system, with forwarders feeling the effects of a ban on empty container drop-offs.
16 Jul 2020
As a project cargo pipeline "hole" looms thanks to retrenchment in the oil and gas sector, slow scrapping and newbuilding orders are not enough to cure sector over-tonnage.
25 Jun 2020
NVO market share of US imports from Asia increases as dozens of blank sailings push cargo owners to seek capacity their core carriers are not providing to them.
18 May 2020
Stay-at-home orders and travel bans removed virtually all passenger traffic from cross-channel ferries, eliminating a crucial revenue source and threatening the transport of essential goods between the UK and Europe.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
08 Apr 2020
A global economy hammered by pandemic control measures and an oil price war is bad news for the MPV/HL sector, maritime consultancy Drewry reports.
08 Apr 2020
With much of the air freight capacity limited on routes to and from China, and more than 30 percent of the ocean capacity canceled, shippers are making greater use of rail services amid pandemic-related supply chain disruptions.
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