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Trade Advisories – Logfret InSights

Trade Advisories - Logfret InSights

Global container port capacity will struggle to catch up with rising demand

The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has, 18 months later, transformed into an acute capacity shortage at many terminals around the world.

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Trade Advisories - Logfret InSights

Floods disrupt European logistics and supply chains

Logistics and manufacturing operations in Belgium, Luxembourg, parts of the Netherlands, and western Germany recovering from widespread disruption caused by violent storms at the end of last week.

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Trade Advisories - Logfret InSights

Shippers urged to book early for this peak season

With the current strong demand for space and limited capacity likely to extend to the end of this year, cargo owners with pending orders are advised that ‘the chance of current market rates softening significantly are slender’ – and to seek the best options available now to protect their supply chains.

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Trade Advisories - Logfret InSights

Ocean freight shippers urged to be ‘realistic’ on rates in unprecedented market

Cargo owners warned they may need to renegotiate upwards any ‘too good to be true’ contract prices in the current inflated market if they want their cargo to move – unless they are one of the giants like Walmart.

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Trade Advisories - Logfret InSights

Explosion hits container ship in Jebel Ali Port

Explosion hits container ship in Jebel Ali Port.

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Trade Advisories - Logfret InSights

Quiet air cargo market confident of strong demand and a peak season this year

The air freight market may be relatively quiet, but “the forecast remains for another peak”.

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Trade Advisories - Logfret InSights

CMA CGM suspends Le Havre calls amid congestion

Container line to bypass the key French port on its Eurosal service for three months, saying months of congestion and lack of productivity had made service less reliable.

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Trade Advisories - Logfret InSights

JFK Airport to get first new cargo facility in 20 years

Extra space, modern design should ease logistics challenges as volumes increase, users say.

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Trade Advisories - Logfret InSights

Yantian ‘resumes full operations’

China’s key southern container port of Yantian is expected to return to full operations today following several weeks of partial closure – although it will take weeks or even months to clear backlogs of cargo, freight sources warn, especially as peak season approaches.

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Trade Advisories - Logfret InSights

China congestion pushes carriers as they are ‘forced’ to add surcharges

Carriers, faced with increasing congestion, low productivity and a mounting backlog of exports in southern China have been forced to omit port calls, extend gate-in times and, in Ocean Network Express (ONE)’s case, added a $1,000 surcharge on reefer cargo to Yantian.

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