However, shippers should still expect some robust peak season pricing from the airlines that are seeking to extend their profitability, which grew at a strong rate in the first quarter.
More from Greg Knowler
At mid-2018, nearly every segment of Europe’s supply chain is straining to keep pace with strong container shipping volume growth — particularly barge and inland haulage. The good news is Europe’s...
However, the rising spot rate, while encouraging for ocean carriers as peak season approaches, has not — so far — refuted a perennial concern regarding rates and the second half of the year.
It is another bad news, good news statistic for Antwerp and Rotterdam. The bad: an intermodal operator has warned that barge congestion is already causing delays of up to 36 hours at Antwerp and 72...
A slight dip in demand for air cargo in the first quarter has quickly reversed, with volume steadily increasing on the east-west trades.
The exchange is about encouraging carriers and shippers to move past a system driven by uncertainty: beneficial cargo owners face no penalty for booking a certain volume of cargo on a ship, and then...
Geopolitical factors have driven outlook revisions by key container shipping stakeholders.
E-commerce and high-speed rail are enabling China-Europe rail services to give the air cargo industry a run for its money.
Asia-Europe shippers are looking more at southern European ports as intermodal bottlenecks slow container delivery through some of the big North Europe gateways.
Ocean carriers want to avoid being caught up in secondary sanctions that will be imposed by the United States on companies dealing with Iran.
However, far from being an omen of declining demand, headhaul rates from Europe to the United States have strengthened as peak season gets under way.
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