Typhoon Brings More Supply Chain Chaos In China!
This week a typhoon caused a lot of Supply Chain Chaos In China. More freight delays are expected in China this week, after typhoon forced the closure of Shanghai’s container por
Container Shipping Prices Skyrocket as Rush to Move Goods Picks Up
Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for sea freight transportation capacity that shipp
As Capacity Slowly Increases, Air Freight Demands Returns to Normal
Even though capacity is making a slow increase, demand for airfreight has continued to show a strong recovery, growing 1% in June compared to the same month in 2019, accordin
Warehouse Rents Surge on Bidding Wars for Scarce Space
In the U.S. warehouse rents surge as companies jockey for scarce distribution space to meet surging e-commerce demand. The competition is driving up industrial rents as retailers
Maritime Regulator Sets Carbon Measures Amid Dissent
The world’s top maritime regulator has agreed to a plan to cut the “carbon-intensity” of ocean-going vessels, overriding objections from Western countries that the accord doe
China Trade Bottleneck Worse than the Suez Canal Fiasco?
When the giant container ship the MV Ever Given wedged itself across the Suez Canal back in March it quickly captured the world’s imagination. In an instant, one of the globe’s
Ship Orders Surge as Carriers Rush to Add Capacity
Global shipyards that were retrenching and consolidating in a faltering maritime market barely more than a year ago are now flush with new orders, boosted by efforts by shipping li
