As the peak shipping season draws near, the spot rates for Asia to Europe have increased by a whopping 30%. The shutdown of the Yantian Port in the second quarter of this year followed by the Coronavirus outbreak at the Ningbo Port in China witnessed massive disruption and capacity losses. The repercussion of the disruptions…
One of the latest concerns of the global container shipping industry is the problem of disappearing Chinese ships. Although it might sound odd, several vessels in Chinese seas recently disappeared from the tracking systems. This has been happening since the Chinese government introduced a new data law. Keep reading today’s blog to learn about the…
Ever since the container crisis and the hike in ocean freight rates, the transportation and logistics industry has become increasingly dependent on air freight services. As the Christmas season draws near, manufacturers, suppliers, and freight forwarders are trying to get their items moved via air freight. The air freight industry is trying to recover from…