FREIGHT NEWS

New Shenzhen lockdown will hit supply chains harder than Suez disruption
New Shenzhen lockdown will hit supply chains harder than Suez disruption

Ocean carriers are scrambling to adjust their networks as the Chinese city of Shenzhen begins a week-long lockdown.

Long Beach breaks container volume record for February
Long Beach breaks container volume record for February

California's major port in Long Beach has reported its busiest February in its history, moving 796,560 TEU, which translates to a 3.2% increase compared to the same month last year.

Air charter market struggles with lack of large-capacity aircraft
Air charter market struggles with lack of large-capacity aircraft

As AirBridgeCargo (ABC) looks to find ways to keep its metal in the air, the charter market is looking thin.

Carriers forced to adjust Asia-North Europe capacity as demand drops
Carriers forced to adjust Asia-North Europe capacity as demand drops

Blank sailings (but not slidings) are back on the Asia-North Europe tradelane, as ocean carriers adjust capacity to meet softening demand on the route.

Schedule reliability drops to record-low in January 2022
Schedule reliability drops to record-low in January 2022

Schedule reliability dropped again, this time by 0.9 percentage points, month-to-month to 30.9%. This is the lowest ever global schedule reliability since the Danish research and analysis company Sea-Intelligence started the measure in 2011.

India and Bangladesh fear trade disruption and payment challenges
India and Bangladesh fear trade disruption and payment challenges

Amid uncertainty over receiving timely payments, due to sanctions imposed by western nations on Russia, Bangladeshi garment makers have been urged to be cautious in exporting to Moscow.

Evolution and Upsizing of Container Vessels
Evolution and Upsizing of Container Vessels

The ubiquitous container has brought about a revolution in global trade, since its introduction in 1956 by Malcolm McLean.

How can businesses shield consumers from high freight rates?
How can businesses shield consumers from high freight rates?

Businesses worldwide are struggling with skyrocketing freight rates in the wake of the Covid-19 pandemic. What can they do to keep surging shipping costs from affecting customers?


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