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North American shippers currently face a storm of challenges that threaten to reshape trade flows and logistics costs on both sides of the Atlantic, with escalating port labour unrest and potential tariff hikes after the election of President Donald Trump. One
The global sea freight market is navigating turbulent waters as 2024 draws to a close, with recent months marked by capacity miscalculations, strikes, and geopolitical tensions. Carriers have struggled with overcapacity on major routes, particularly on Asia-North America lanes, where near-record
With the labour contract negotiations for 45,000 dockworkers along the US East Coast cancelled by the International Longshoremen’s Association (ILA), industrial action is more likely, as it is on the Canadian railways, while German port workers have already commenced strike
Asia’s export trades are as challenging today as they were during the pandemic, with extremely tight vessel space, equipment shortages, and port congestion leading to a surge in spot rates, which analysts forecast could reach stratospheric levels. Vessel schedule reliability from
Despite assumptions that OCEAN Alliance members might decide their current setup is not fit for purpose and split to form a new partnership, they took the market by surprise by extending operational cooperation for at least another five years. CMA CGM,
Last Sunday, the 22nd January, marked the start of the Lunar New Year holidays, with factories and most other parts of Chinese society closing down for at least a week and typically two, causing a pause in exports leaving the
It is inevitable that we will see some supply-chain disruption this year, but it likely to be far less than the global turmoil experienced over the last two years, as consumer demand is likely to be muted through the first
As capacity tightens ahead of Chinese New Year, we expect the normal slack period of freight demand after the holiday, which falls on the 22nd January, to last until May, which means that the risk of even more blanked
Dock workers at Felixstowe, Britain’s biggest container port, started their second walkout this morning, with an eight-day strike over pay, that overlaps a similar walkout over pay by Unite Union members at the Port of Liverpool from the 19th September
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