• Spot rates edge up further on major East-West box trades Feb 20,2021

  Spot freight rates on the major East-West container trades edged up further this week as port congestion, box shortages and ongoing Asian exports through the Chinese New Year holidays kept supply chains at full tilt.However, one shipping analyst now believes a downward rates correction is likely in the second... [learn more]

• GB-EU road freight exports recover to 80% of normal levels Feb 20,2021

  Following a major post-Brexit drop in January, UK international road freight exports appear to have recovered to around 80% of their normal levels for this time of year, although the latest UK government figures indicate that up to one in five UK road-borne exports are still not taking place, as traders conti... [learn more]

• Shippers worldwide 'furious' at 'chaotic' ocean freight market Feb 19,2021

  Shippers worldwide are "furious" at the chaotic state of the ocean freight market and the lack of mechanisms to resolve it, according to the Global Shippers’ Alliance (GSA), which represents the logistics interests of manufacturers, retailers and wholesalers.Sustained buoyant demand, tight... [learn more]

• Asia-Europe rail freight demand surges ahead of CNY Feb 19,2021

  Prohibitive air and soaring ocean spot freight rates and a lack of containers available for loading in China that have added to costs and transit time uncertainties have led Asia-Europe shippers to switch to rail freight services in ever greater numbers ahead of Chinese New Year factory closures from 12 Febru... [learn more]

• Asia air freight 'very strong' despite CNY holiday Feb 19,2021

  The Asia air freight market has remained very strong despite the Chinese New Year (CNY) holiday being in full swing, with the combination of strong demand and very little available capacity resulting in peak-level rates , according to Flexport's latest weekly update.Rates are highest out of North Asia and... [learn more]

• EU-UK road freight rates begin to normalise Feb 19,2021

  Road freight rates on cross-Channel routes declined significantly last week on the elevated levels seen since the new, post-Brexit trading regime came into effect at the start of the year, according to the latest Brexit Market Monitor published by Tim Consult, a subsidiary of German cloud-based logistics ... [learn more]