Effective procurement and warehouse inventory management are critical for the success of any business. By ensuring that the right amount of inventory is available at the right time, businesses can reduce costs and improve customer satisfaction. Here are some best...

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...

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...

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...

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...

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%...

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...

SEA FREIGHT Shippers are anticipated to continue to face rising supply chain costs due to port congestion and poor schedule reliability, despite a mixed demand picture on the world's most significant container shipping lanes. It is a mixed bag of demand for Asia-North...

SEA FREIGHT Lockdowns in China, the war in Ukraine, and the rising inflation are a toxic mix of uncertainty for sea liners. While container spot prices are currently falling, they are still in line with regular seasonal declines, and ocean carriers have successfully...

SEA FREIGHT Shipping companies globally expect steeper rises in shipping and logistics contract rates next year after supply-chain costs skyrocketed in 2021. The Logistics Managers' Index, which analyses total logistics pricing such as transportation, warehousing, and...

SEA FREIGHT Shipping companies are knocking on shippers' doors, offering reduced rates for December itineraries from China to Europe, as orders begin to slow down. Nevertheless, there is no indication of a price crash, and prices are likely to pick up steam in January...

SEA FREIGHT In October, there was an expectation of slight softening of container spot rates from Asia to the US and Europe, but shippers appear to have held their nerves and managed to avoid any significant discounting following China's Golden Week holiday. As per...

The global shipping industry is still struggling. Supply chains are driven to their limits as logistics operators try to keep the freight flowing. The current fragile nature of the global supply chains can cause even minor operational issues, such as minor accidents...

Challenging times persist in the shipping industry. Covid-19 breakouts in Asian harbours have caused congestions which ripple effects are still to unravel fully. The supply and demand imbalance in almost all international freight modes keeps causing grey hairs to the...

The logistics industry has been facing an era of unprecedented disruptions. The effects of large scale disruptions can be seen in all freight modes across the globe. No immediate relief can be seen in the near future, which makes the situation even worse to bear....

Suez Canal incidents ripple effects are still affecting the global supply chains. Sea and air freight are suffering from severe supply & demand-imbalance. The overall turbulent freight market is probably going to continue for some time.SEA FREIGHT The Asian...

SEA FREIGHT FROM CHINA TO EUROPE IS STILL CAUSING HEADACHES TO THE SHIPPERS. AIR AND RAIL FREIGHT CONGESTIONS CONTINUES.SEA FREIGHT With no sign of a spot rate decline after the start of the Chinese New Year last week, shippers who waited, expecting rate reduction...

  LIGHT AT THE END OF THE TUNNEL?   FIRST SIGNS OF RELIEF AT SIGHT AS THE CHINA - EUROPE TRAFFIC REACHES RATE TIPPING POINT. NEVERTHELESS,  THE UPCOMING CHINESE NEW YEAR HAS POTENTIAL TO CONTINUE DISRUPT SHIPMENTS.SEA FREIGHT As more trade lanes started to...

  Vuoden 2020 alussa monen arki muuttui päälaelleen valtakunnallisen etätyösuosituksen ja muiden rajoitusten myötä. Muutos oli suuri entiseen normaaliin ja monet organisaatiot ovat joutuneet adaptoitumaan digitalisaatioon nopeallakin aikataululla....

  THE STRETCH CONTINUES. THE CRITICALITY OF THE SITUATION RAISED DUE TO COVID IMPACT, CONTINUES WITHIN THE GLOBAL OCEAN, AIR AND RAILFREIGHT MARKET, WITH NO IMMINENT SOLUTION OF STABILIZATION INSIGHT.SEA FREIGHT Ocean price levels have continued to escalate as a...

The German Bundestag has decided to raise road tolls in Germany. The new regulations will be enforced from 1.1.2019 on. The new method of calculating the toll will take into account new parameters, such as noise and emissions. According to the council of minister, the...

Port of Rotterdam together with local breakbulk companies have decided to renovate port infrastructure to make room for growing breakbulk operations. The site to be developed is a 12 ha industrial estate and over 1 km of dockage located in Rotterdam's  Waalhaven area....

After eight months of vigorous investigation US shipping regulatory body "the Federal Maritime Commision (FMC)" has decided to introduce revised rules for container detention and demurrage practices across the country. Investigation reports main conclusion was that...