Air freight 'set for a turbulent summer' – but is it dependent on ocean failing?
During the pandemic, analysts noted the distinct correlation between poor ocean schedule reliability and air ...
Forecasting future container shipment volumes is set to get even harder after recent Sea-Intelligence Consulting calculations revealed that the much-venerated relationship between box traffic and GDP trends appears to have been utterly broken.
Reality
“As of August 2023, global demand has a shortfall of 6.8% compared to a growth pattern which would have followed global GDP growth. This is not good for the carriers, which are in the process of taking delivery of a sizeable orderbook,” Sea-Intelligence chief executive Alan Murphy wrote ...
Maersk pulls out of DB Schenker bid after identifying 'challenges' in integration
Forwarders 'being squeezed' as spot and contract rates move further apart
Return to double-digit spot rate gains looms with new FAK hikes and surcharges
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Red Sea crisis dictates container fleet capacity trends
Airlines add transpac capacity as flood of ecommerce traffic continues
Shipper fears resurface as Canadian rail workers renew vote for strike
Comment on this article