Reporting on rail freight congestion from China to Europe, The Loadstar quoted the industry experts, Norman global Logistics, extensively to explain and outline the situation.
The surprising conclusion of this week’s webinar – Post COVID-19 EFFECTS TO THE SUPPLY CHAIN – was how the resilience of China and global supply chains are being highlighted in the Post-COVID world.
With 75% of the world’s manufacturing affected by the pandemic, it is little wonder that 60% of supply chain managers confirmed that they had been significantly impacted in recent months and that supply chain reviews are topping many boardroom agendas.
In a recent global survey, 60% of supply chain managers confirmed that they had been significantly impacted by the pandemic and 68% agreed that technology is critical in protecting their supply chains.
The surge for PPE is beginning to level off, and with the extra capacity in our skies, it’s having a positive effect on air freight costs.
Demand for PPE, face masks and medical equipment will drive air freight demand from China persist into the 3rd quarter and is contributing to airport congestion, exacerbated by limited capacity and strict new export controls.
In spite of the unprecedented numbers of cancelled and blanked sailings from Asia, the impact for our customers has been minimised, as our sea freight teams in the UK and China have leveraged volume contracts and shipping line relationships to get cargo lifted.
When journalists learnt that aircraft were flying out of China empty of much-needed PPE over the country’s Labour Day holiday, they contacted NGL Asia’s managing director, Stefan Holmqvist for expert insights.
As the global shipping lines struggle to deal with the largest ever drop in demand for sea freight, shoring up freight rates through capacity discipline, HMM has taken delivery of the world’s biggest containerships.
Founded in 1903 The South China Morning Post is the Hong Kong newspaper of record, with a readership in excess of 300k. Once again, seeking insights on global freight issues, they have turned to NGL for guidance.