May 13, 2020
— Shanghai airport’s “worst-ever” cargo backlog is slowly easing, but forwarders are still recommending shippers turn to expedited ocean freight. A perfect storm of lack of uplift, the global rush to buy face masks and China’s crackdown on shoddy PPE, saw aircraft “flying out empty” over the country’s Labour Day holiday, forwarders told The Loadstar.
Apr 14, 2020
— As news this week emerged of huge backlogs of containers building up at key Indian gateways such as Nhava Sheva, Mundra and Chennai, forwarders warned that over the next month port congestion in some parts of the world would lead to shortages of equipment elsewhere and create significant liability issues for shippers globally.
Apr 6, 2020
— The container shipping industry could lose as much as $23bn this year from reduced demand in the wake of the coronavirus pandemic. Demand for unitised shipping services is set to nosedive as a result of the economic devastation wrought by large swathes of the world forced into social lockdowns.
Apr 6, 2020
— Substantial price and capacity volatility in air freight and blanked sea freight sailings have pushed attention toward overland routes between Asia and Europe. Depending on the number of drivers and the origin and destination, InstaFreight claims a transit of between 20 and 22 days, but this could be shortened by a few days if customers pay a surcharge to use two drivers.