Shipping disruption and e-commerce demand driving up airfreight rates
The start of the airline summer season this month is likely to hit airfreight rates ...
While we try, at The Loadstar, to be generally positive, the industry we cover is not always quite so upbeat. In fact, pessimism has reached a new low. The Stifle Logsitics Confidence Index has seen a fourth consecutive month of decline. It does, however, remain above the neutral 50 point level, at 51.5, but its deline to this point has ben swift. Sea freight is looking “unhealthy”, while air freight saw all but one trade lane below the 50-point mark, with Europe-Asia at a brutal 44.7.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
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Alessandro Pasetti
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mobile: +44 7402 255 512
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