Freight Rates

The impact of congestion and capacity on businesses and what to expect?


Categories Case Studies, Container Market Trends, Executive Insights, Freight Rates, Information, Logistics, Maritime, Opinion, Questions and Answers, Shipping Tags , , , , , 1 Comment  3 minutes
Webinar

Port Congestion, equipment and space capacity crunch are impacting businesses with supply chains and consumers heavily impacted..

In a webinar, Rachel Premack, Senior Investigations Reporter at Business Insider, Michael J Gordon, Senior FMC Advisor (retd), and Adam Compain, SVP of Global Growth at project44 discuss how rising freight prices have set off a domino effect, manifesting across supply chains through port congestion, drayage holdups, dropping inventories, inflation and lengthening lead times..

They reference insights from a market survey of over 200 supply chain professionals and talk through a possible timeline to a freight market cool down, when it can potentially happen and the circumstances that will lead us there..

Go to full article >>>

Ocean Freight rates 2021, an Indian perspective


Categories Freight Rates, Information, Opinion Tags , , Leave a comment  4 minutes
cost savings

2020 will be remembered by many as one of the years that has caused maximum upheaval in terms of freight rates, space and equipment capacity in all markets around the world.

While the impact on the Trans-Pacific and Trans-Europe has been the maximum, other trades like the India trade has also been affected quite substantially.

These never before seen steep increases especially on the exports, has sent the export community in India into a frenzy as shipping lines continue with the increases one after the other.

Go to full article >>>

Share