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Global Update: May 22

The World Trade Organization (WTO) released a report on May 20 covering trade indices for various sectors, noting that global trade may further contract in the first half of 2020. As consumer spending and business acquisitions shift, countries may find…

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Yantian Express- HAPAG Lloyd

Worldwide update: April 28

The past week has seen much headway in collective efforts to stabilize economy, society, and livelihood. Worker strikes have begun to appear across several countries in Southeast Asia, Latin America, and Europe, many of them demanding safer working conditions and…

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CoronaVirus Update

COVID-19 Update

Individual government responses to the COVID-19 pandemic have created myriad ripple effects to specific industry verticals as different regions halt and resume business activities. Airlines continue to deploy cargo freighters and increase passenger-to-cargo flights amid reports of medical supply shortages,…

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CoronaVirus Update

COVID- 19 Market Update: April 2

Latest News The demand remains high for pharmaceutical and food supplies. However, freight capacity has fallen sharply, with belly-hold capacity declining due to progressive cuts to passenger flights. Global airfreight capacity across all trade lanes is lower year-over-year by more…

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Coronavirus Update

COVID-19 Market Update

Latest News The International Federation of Freight Forwarders Associations (FIATA) has urged governments to act to ensure that ports remain open to allow the freight and logistics sector to help tackle the COVID-19 crisis. FIATA noted that international air, sea…

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Coronavirus Update

COMMERCIAL ANNOUNCEMENT on COVID-19

On March 12th, 2020, The World Health Organisation (WHO) declared the ongoing global spread of the Coronavirus (COVID19) a pandemic. The pandemic announcement exerted additional pressures on a strained transportation industry. The evolution of government actions and changes in circumstances…

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Holiday Cargo Rush

2018 Peak Season Heating Up

According to the UK Loadstar, reporting from forwarders there is limited capacity on Asia-North America, with rates from Hong Kong surpassing 2017 levels. Capacity ex-Hong Kong was particularly in demand, and bulky, loose or dense cargoes bookings are a struggle…

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