News

US and Europe spot rates from Asia in step

Two weeks after sea freight spot rates from Asia to Europe started to peak and after the scramble for capacity ahead of Lunar New Year subsided, it seems that the US trade lane from Asia may be following suit. Two weeks

demurrage detention

Freight market report; October 2023

The European Union’s surprise decision to end container shipping lines’ exemption from competition law next April and imposing carbon taxes on them from January, mean the lines already have a challenging 2024. Recent air freight rate increases may suggest a

Characteristics of maritime transportation

EU’s anti-trust action may not end Alliances

With the European Union’s surprise decision to end container shipping lines’ exemption from competition law in April next year, and imposing carbon taxes on them from January, European container shipping may have a challenging 2024. The abolition of the Consortia Block

First look at new flagship logistics hub

Located in the ‘Golden Logistics Triangle’, Noatum Logistics’ latest flagship facility has a 230K sq ft footprint, is of a net-zero carbon construction and incorporates a three-story 300 sq ft mezzanine, with six miles of hanging garment rails, 0.5 mile

The Windsor framework is taking effect

The UK Trader Scheme (UKTS) has been replaced by the new UK Internal Market Scheme (UKIMS) with effect from 30th September 2023, which will enable GB businesses to join and declare goods “not at risk” if they are brought into

Carriers blank sailings while adding new vessels

Carriers have already been announcing additional blanked sailings in the weeks after the Golden Week holiday, suggesting that demand is expected to decrease in the weeks that would typically be in the peak season.  The percentage of industry-wide blanked capacity