News

October Freight Market Report

Market fundamentals have been changing rapidly and the costs of transporting goods out of China and many other critical sourcing regions continues to sink amid a sharp slowdown in western economies.  Air freight rates continue to soften, with ocean rates from Asia also dropping and…

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Noatum Logistics short-listed for UK freight forwarding award

Two years after winning the British International Freight Association’s ‘Air Cargo Services Award’, Noatum Logistics has been shortlisted in the category again at the freight trade association’s 2022 Freight Service awards. BIFA represents and promotes the freight forwarding sector to NGO, government and official bodies…

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The IMO 2023 challenge to container shipping

IMO2020 enforced changes in the low-sulphur fuel types that container ships used, or the use of high-sulphur scrubbers, to cut the carbon intensity of all ships by 40% by 2030. In two months, IMO 2023 will require containers ships to comply with a new round…

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Overlapping Felixstowe and Liverpool port strikes

Dock workers at Felixstowe, Britain’s biggest container port, started their second walkout this morning, with an eight-day strike over pay, that overlaps a similar walkout over pay by Unite Union members at the Port of Liverpool from the 19th September to the 3rd October. Union…

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September Freight Market Report

As global economies take a battering, with purchase manager indices and consumer sentiment plunging, the inevitable slowing in demand is leading carriers to blank sailings, with 8.8% of capacity due to be pulled from Asia to Europe and a pronounced drop in air freight activity.…

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Felixstowe strike to start on Sunday 21st August

Unite Union negotiators have walked away from ‘last-ditch’ talks with Felixstowe Port, after rejecting a 7% wage increase and £500 lump sum as an effective pay cut, confirming its intention to call its 1,900 members out from Sunday until 28 August. The inland movement of…

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August Freight Market Report

Tensions across the Taiwan Strait are not good news for global supply chains, but after a difficult 18 months recent data suggest supply chains may be returning to relative calm. The global supply chain pressure index, is down 57% from its peak, as rates on…

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Felixstowe August strike inches closer

Britain’s biggest container port moved closer to industrial action on Monday, after Felixstowe port bosses and Unite Union leaders remained deadlocked in efforts to avert strike action, with talks set to resume today. The Unite Union’s 1900 members at Felixstowe voted 92% in favour of a…

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