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With Shanghai’s two month lockdown finally lifting there are concerns that the congestion crippling global container terminal operations is unlikely to end anytime soon, as a backlog of >260K teu and a lot of pent-up demand is released, raising fears
After achieving three consecutive days with no new COVID-19 cases, Shanghai is resuming outdoor activities in stages, but with most restrictions on movement remaining in place until 21st May 21, after which public transport and other services will resume, with
After the Prime Minister’s trip to Northern Ireland last week failed to trigger any concessions in the dead-locked political situation, the government has announced plans to table legislation that will scrap parts of the Northern Ireland protocol, in spite of
After a week of partial closure, Shanghai now faces full lockdown while Puxi’s lockdown, in the west of the city begins today, with residential areas where people have tested positive sealed off for an additional 10 days. The city said
China’s most populous city and its financial hub, is implementing a city-wide lockdown, after battling a new wave of COVID-19 outbreaks for nearly a month. In the following nine days, Shanghai will be locked down in two stages, with the
Our monthly market report provides international freight, carrier and rate insights, to provide supply chain forecasts for the weeks ahead. With surface and air routes between Asia and Europe that traverse Russia unavailable for commercial cargo movement, we consider the demand
Shipping lines are considering schedule adjustments as the Chinese city of Shenzhen begins lockdown, until Sunday, at the earliest and Shanghai Pudong airport closes to to inbound passenger flights. Authorities in Langfang, which borders Beijing and Dongguan, in Guangdong prvince, have
Air freight capacity from Asia has shrunk by 22% in a week, rail freight services have been suspended and sea freight bunker surcharges are expected to spike, with crude oil more than double the price at the beginning of the
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