GLOBAL MARKET INSIGHTS

Keeping you updated on the latest industry news and events.

Demand has continued to build in the weeks before the Chinese New Year holiday, which is February 11 – February 26 this year, and the shipping industry is bracing for the surge to continue through the lunar holiday as China tries to maintain momentum in its recovering economy.  Continued efforts [...]
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Dear Client, Happy New Year! May 2021 be Safe and Healthy. We realize that persistent port and rail ramp congestion, container chassis shortages, and excessive detention and demurrage fees from carriers, as well as upheaval among air cargo service providers, are causing significant harm to your import and export supply [...]
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Air Freight Partial lockdowns across Europe to contain new waves of COVID-19 have led to significant air freight cancellations, with many retailers switching to ocean freight as they re-think their supply chains.  Despite the fall in volumes, airfreight prices remain higher than normal.  The capacity situation is likely to worsen [...]
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