-
'Ever Given’ still blocking Suez Canal Mar 26,2021
The 20,000 teu containership ‘Ever Given’ is continuing to block the Suez Canal despite efforts to re-float the Evergreen Line vessel, adding further disruption to an already highly disrupted ocean freight supply chain, and the ship’s salvors have warned that the operation may ta... [learn more]
-
No relief from ocean freight disruption any time soon Mar 26,2021
The difficulties experienced throughout the global ocean freight logistics chain over the past months, including poor vessel schedule reliability, capacity issues, port congestion and acute equipment shortages of maritime containers - which combined have contributed to keeping rates at elevated levels - are u... [learn more]
-
Disruption to cross-Channel trade if France added to COVID 'red list' Mar 26,2021
Travel to and from France may be banned to control the spread of a 'third wave' of COVID-19 coronavirus from mainland Europe despite the move creating a risk of “very serious disruption” to food and medicine supplies, according to Boris Johnson. The Times reports that the U... [learn more]
-
Border issues continue to hinder UK-EU freight flows Mar 24,2021
Customs clearance issues and other new administrative challenges continue to hinder the flow of goods at the UK-EU border almost three months since the new rules governing trade in the post-Brexit era were introduced, a leading European road haulier has told Lloyd’s Loading List.“While t... [learn more]
-
US demand surge set to continue as inventories remain low Mar 24,2021
High levels of consumer demand and low inventory quantities mean congestion bottlenecks in the US are unlikely to clear for some time.Even though volumes imported into the US in the second half of last year set new records, US Census Bureau data for January shows the sales-to-inventory level fell to 1.25 in t... [learn more]
-
No let-up expected in buoyant air cargo market Mar 24,2021
High demand will continue to buoy air cargo charter activity over the next few months, consolidating the strong start to 2021, although prices may cool somewhat from their current high levels, according to a leading air freight broker.Dan Morgan-Evans, group cargo director of Air Charter Service (ACS), told ... [learn more]