Supply Chain

Unlucky ‘spot’ shippers faced with rate hikes to get cargo shipped

Spot market shippers have seen continued rate spikes this week and the shipping lines are preparing for further rate elevation, as excess demand leads to cargo-rolling increases at many origin and transhipment ports. Shippers using the spot market for consignments from Asia to Europe over the last few weeks saw a further spike in container spot rates, according to indexes that track the

Disruption highlights competitive advantage of supply chains

The COVID-19 pandemic has revealed key differences between “fit” and “fragile” supply chains, says advisors Gartner, and how businesses deal with the disruption may provide competitive advantage across market verticals and specific industries. While the most fragile focus on short-term survival, the fittest organisations see disruption as an opportunity to improve the value that their supply chain provides

Ocean capacity and equipment challenges continue globally

Container shipping rates from China to the US and Europe continue to rise, as reduced capacity, high consumer demand and equipment shortages across China and Southeast Asia escalate. While container freight rate increases on the transpacific trade from Asia have outstripped increases to Northern Europe over the last year – almost double on some routes – the rate level increases are driven

China export’s soar but factory prices rise

China’s exports have surged, driven by post-lockdown demand from the US and Europe, while factory gate pricing has risen at the steepest rate for more than three years. China’s economy grew 18.3% in the first quarter of 2021 compared to the same quarter in 2020, in its biggest GDP jump since China started keeping records in

The Suez impact and even more carrier surcharges

European container ports survive the post-blockage Suez surge, but container equipment is out of position and remains scarce. Europe’s container terminals have been struggling to handle increased import volumes since Q3 2020. Keeping recurring congestion at bay has been their biggest challenge through 2021 and it appears that the closure of the Suez Canal only

Container shortage intensifies

Finding an empty container in Shanghai, Ningbo, Yantian or any other major Chinese gateway port, is becoming a major problem, yet again, as Asian container availability is tightening, and purchase and rental costs are soaring, and equipment will become even scarcer as demand builds through May into the peak season.  Continuing and sustained demand for

Containerisation turns 65 in its most challenging year

Sixty five years ago saw the beginning of containerisation, with the inaugural voyage of the first container ship, the Sea Land Ideal X on the 26th April 1956. Today, despite its best efforts, the container shipping industry is swamped by the continuing deluge of pandemic and lockdown related trade, with resulting delays, rising costs, ongoing disruption and challenges

Canadian government legislate against Montreal strike

Port operations at Montreal resumed on Sunday after legislation was passed by the Canadian Parliament to end the industrial action by longshoremen, however it will take several days, or probably weeks, to return operations to anything like a normal situation. About ten ships are currently en-route to Montreal and 20,000 containers are in the terminal,

Air cargo industry’s first sustainability report

The International Air Cargo Association (TIACA) has released their Air Cargo Sustainability Report – Accelerating the sustainable transformation of air cargo – which is the first comprehensive study undertaken on the sustainable transformation of the air cargo industry.   As part of TIACA’s Sustainability program, launched in November 2019, the organisation performed a widespread industry