With Asia returning from Lunar New Year celebrations and holidays, our regional offices provide updates on the local situation, as factories return to operation and demand on all shipping modes picks up.
January freight market update
The first freight market update of the year and 2022 is starting very much as last year finished, with freight operations challenges and continuing demand for capacity.
MARKET REPORT NOVEMBER : Supply chains continue to struggle with impact of pandemic
The impact of the COVID pandemic has shone a spotlight on the global supply chain and the challenges in keeping goods moving efficiently along it, with disruption likely to continue well into 2022 and some expectation that its impact may be felt into 2023.
Ports stop accepting empty containers
The UK’s most important container ports continue to struggle with the vast volumes they are processing and with unclaimed imports building up, because of the HGV Driver crisis container stacks are reaching crisis levels.
Megaships and the ports challenge
The supply chain disruption triggered by the pandemic has revealed the problems caused by megaships and the chronic state of many of our most important container ports.
Chicago and midwest to UK: New air and sea freight services launched
Cost-effective, reliable and rapid: Your new Chicago and Midwest freight options, launching September 2021.
COVID forces Ningbo container terminal closure
Operations at a terminal in the world’s largest port were suspended today, following a single case of COVID being detected on a 34-year-old worker.
Vietnam COVID lockdown update
Ho Chi Minh City’s Cat Lai port is experiencing significant congestion, while Saigon Newport toughened controls on cargo movements, with a temporary halt on trans-shipping laden reefer boxes and the transfer of laden import boxes.
Yantian port reopens
First announced at a news briefing by Hu Zhaoyang, the deputy head of the government of Yantian district and now confirmed in an announcement from the terminal, Shenzhen’s Yantian port area (YICT) will largely resume normal operations from 00:00 on the 24th June.
Southern China ports congested
Yantian International Container Terminal (YICT) handles 13 million TEU which is why its partial closure is having a greater impact on Asia supply chains than March’s Suez blockage.