by Matias Schiestl | Dec 7, 2022 | Blog & Market Update
AIR FREIGHT While air freight is not exclusively focused on consumer industries, its position in upstream electronics, for example, is more prominent than in consumer electronics. The United States is primarily driven by D2C e-commerce, which started to plunge in the...
by Matias Schiestl | Nov 8, 2022 | Blog & Market Update
AIR FREIGHT In October, the air freight sector continued to reverse 18 months of record increases as the global economy slowed and consumers tightened their budgets. There are no indications of improving cargo traffic even as the industry is well into its annual peak...
by Matias Schiestl | Oct 12, 2022 | Blog & Market Update
SEA FREIGHT In 2021 and 2022, the container industry achieved its two most profitable years. On cue, owners ordered a record number of new container ships. Even as freight rates decline, they continue to place more orders. Despite the worsening supply-demand...
by Matias Schiestl | Sep 7, 2022 | Blog & Market Update
SEA FREIGHT The ports of Shanghai, Ningbo, and Busan have been closed due to Typhoon Hinnamor, severely impacting shipping schedules from Asia. Shanghai Pudong Airport likewise canceled most flights, with normal operations scheduled to resume on Wednesday, 7th...
by Matias Schiestl | Aug 10, 2022 | Blog & Market Update
SEA FREIGHT The capacity between Asia and the United States West Coast decreased but remained the most important commercial route. In the three months leading up to July 24, the average capacity between Asia and the United States East Coast increased by 18.9%...
by Matias Schiestl | Jul 8, 2022 | Blog & Market Update
SEA FREIGHT Several carriers have canceled or postponed their sailings from Shanghai to the US in the last week of June. But the backlog of containerships created during the lockdown period is under control and is being cleared methodically. There was less congestion...
