Supply Chain

When will freight rates return to ‘normal’?

The leading container shipping lines are releasing their Q1 2021 operational statements, which show a sharp increase in freight rates compared to Q4 2020 reports. Not only in the sense that rates are increasing, but the pace at which the rates increase is also accelerating, but when will the increases slow and eventually reverse? Global

Air freight market still climbing

The global air freight market is accelerating rapidly, with massive rate increases impacting many trade lanes, with Asia & Europe to the US particularly affected. Volumes out of China have been increasing weekly, with higher yields to the US attracting carriers to the routes and reducing desperately needed capacity on other lanes, including Asia Westbound

South East Asia market weekly update and focus

Singapore is a major global freight hub, that is located at the heart of major shipping lanes in Asia and a gateway for Southeast Asia, which is why we value the regional insights and transport intelligence provided by our partners in-country. Metro recognised Singapore’s pivotal role in regional trade 40 years ago and, with our

Sea rates surge amidst equipment shortages

Peak Season surcharges were expected to soften, reduce or even be withdrawn after Chinese New Year. And while this was widely anticipated, the reality is that with continued demand, the lack of empty equipment and the Suez crisis, rates have gone much higher and most carriers have actually increased peak-season surcharges (PSS) although we have

£150m stolen from supply chains in 2020

Over £400,000 worth of goods in transit were stolen every day from Europe, Middle East and Africa (EMEA) supply chains in 2020, even with many countries being under lockdown for much of the year. The Transport Asset Protection Association (TAPA) recorded 6,463 cargo thefts across 56 countries in the EMEA region despite widespread lockdowns, with

Ocean Freight Update; On the front line from Asia

Our sea freight ops team continue to perform in a very challenging global ocean freight environment and with global supply chains likely to be under pressure for the rest of the year, they will continue to deliver the highest possible levels of service and performance available with all options being considered. Overcoming operational impacts and

Conflicting UK and European port performance reports this week

While many ports are currently experiencing no issue, or are even quiet, the fallout of the week-long Suez Canal closure in March is likely to impact supply chains through to June and possibly beyond, into the traditional peak season. Early indications suggest some ports are managing rising inbound Suez-delayed vessel numbers without major delays, while others are

Record Asia imports driving US supply chain disruption

Nine consecutive months of record breaking imports from Asia together with global supply chain volatility and uncertainty, is congesting US terminals and choking the inland supply chain infrastructure.  Booming US imports from Asia accelerated even further in March, to 1.66 million TEU, up an astonishing 90.5% from the same period in 2020. The top 13

With the shipping lines current performance, consignment level visibility has never been more important

The ability to track shipments in transit enables shippers to manage inventory in motion, limit disruptions and mitigate risk. But with shipping schedules currently in tatters, the lines’ predictive locations tools are not reliable, leaving Metro to find a solution. Real-time shipment tracking, provides a clear view of inventory, location, route and transit, which enables

Montreal Port strike threatens more North America disruption

The ongoing labour dispute, which resulted in 19 days of strikes last summer, has escalated sharply in recent days, with shippers diverting cargo through Halifax and other ports. Tension was already building when the seven-month truce, after last summer’s strike, ended in late March, with both sides accusing each other of negotiating in bad faith and in