RTL Today – Seeds of crisis: Climate change, price hikes hit Dijon mustard
Climate change and soaring prices are the seeds of a crisis for France’s famous Dijon mustard makers, leaving their prospects looking far more tepid than...
Category : Freight
Freight forwarder Flexport on untangling the supply chain
Sanne Manders, Flexport COO, untangles the holiday season and talks about how some retailers have come out ahead in the holiday season. Video Transcript –...
Australian Industry Group predicts supply chain crisis will continue into 2023 and beyond
Why 98 per cent of goods sold in Australia are vulnerable to the supply chain crisis amid fears the situation WON’T ease until at least...
Trade hit as cost of freight from China surges 200%
Mumbai: Trade, both export and import, has been severely impacted, with sea freight costs from China shooting up 200% from pre-pandemic levels. The sky-rocketing sea...
Commission Files Proceedings Against Alleged International Freight Forwarding Cartels
Monday, 20 December 2021, 2:03 pmPress Release: Commerce Commission The Commerce Commission has filed civil proceedings in the High Court against two international freight forwarding...
FEATURE: Asian wheat buyers in a pickle on Australian quality downgrades
Highlights Australia’s exports to remain resilient despite lower quality Southeast Asian millers to bear greater wheat blending burden Indian wheat may make further inroads into...
Air cargo gains from rising prices in ocean shipping
High ocean freight rates caused by service disruption is helping push forwarders and shippers to use airfreight. In its latest market summary, airline association IATA...
Tankers: VLCC Market Posts Slight Rebound This Week
VLCC The market had a minor rebound this week. On 280,000mt Middle East Gulf to US Gulf (Cape/Cape routing) levels held around the W20.5 mark...
Why Do Global Shipping Costs Continue to Skyrocket?
Global shipping costs are reaching rarely seen levels, putting strain on logistics teams and product purchasers alike. Here’s a closer look at some of the...
Container Rates Alert: “Astronomical” Monthly Hike Pushes Long-Term Ocean Freight Rates Up 121% Year-On-Year
Long-term contracted ocean freight rates rocketed by a further 16.3% over the course of November, consolidating recent gains to leave container shipping costs up 121.2%...