The impact of strikes on European ports and global supply chains
Recent strikes at major European ports, particularly in Germany, have sent shockwaves through the shipping industry, amplifying concerns over global supply chain disruptions and economic stability. Dock workers, demanding higher wages, have significantly impacted operations at key ports like Hamburg and Bremerhaven, crucial hubs for European trade. “These strikes are a stark reminder of the […]
How to prepare your supply chain for the impacts of Chinese New Year
It is no secret that China dominates in global manufacturing and export industries. As a result, much of the globe has come to rely heavily on this ‘World Factory’, which is why businesses worldwide need to take heed and prepare for the upcoming Chinese New Year holiday. Chinese New Year will commence on January 22, […]
Air vs. Sea Freight
There is a range of differences between air and sea freight, and their unique advantages and disadvantages must be weighed up for your circumstances. Factors such as cargo sensitivity, security, the urgency of delivery, size of goods, weight of the shipment, and budget must all be considered.
Freight trends in 2022; what to keep an eye on
Unless you’ve been living under a rock, you’ve probably noticed that the freight forwarding industry is facing significant headwinds. Here are 3 freight trends in 2022 likely to impact our industry into the future.
Is the banks’ $400 billion global shipping debt about to sink?
Research has been released that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt (Carbon War Room [CWR] and UMAS, 2017). With the onset of climate policies as soon as 2023, there will be a need for significant capital investment to keep vessels competitive. Navigating Decarbonisation: An […]
Australian Export Confidence Strong
According to a recent study, New Zealand tops the Australian export trade list, with 56 per cent of local exporters conducting business with NZ over North America (51 per cent) and China (42 per cent). The 2016 DHL Export Barometer indicates that trade between Australia and New Zealand is likely to continue on the ongoing growth path, […]