Our monthly market report provides international freight, carrier and rate insights, to provide supply chain forecasts for the weeks ahead. In February we review the sea freight market in the lead up to the 2022 Lunar New Year holidays, the impact of the Omicron outbreak…
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From the 1st April this year, importers and manufacturers will be expected to pay tax on plastic packaging that they import or manufacture, if more than 10 tonnes does not contain at least 30% recycled plastic, with harsh penalties for those that fail to declare,…
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A recent surge in HGV tests by the Driver and Vehicle Standards Agency (DVSA) and drivers re-entering the profession, has massively increased the number of qualified HGV drivers, raising hopes that the driver shortage crisis might finally be starting to subside. While there were 49,000 fewer…
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Hong Kong cargo capacity has been massively reduced following a tightening of aircrew quarantine restrictions, in a bid to stop the rising trend of imported Covid-19 cases with the Omicron variant. Following latest aircrew quarantine measures imposed by the Hong Kong government in response to…
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The suspension of trucking services in several parts of Zhejiang province, which slowed the movement of cargo through one of China’s biggest and most important ports, Ningbo, has been lifted as COVID outbreak fears recede. Strict controls were imposed on lorries moving goods to or…
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The 1st January 2022 heralded in full customs declaration for all imports from the EU and got off to the shakiest of starts when HMRC’s new IT system, the Goods Vehicle Movement Service (GVMS), crashed on day one and lorries stuck at the border for…
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Ningbo port, the world’s largest, is struggling with another COVID-19 outbreak, that is increasing the testing of city workers, creating driver shortages and delays for trucks heading to the port’s container terminals. It is reported that, following ten COVID-19 cases over the weekend, at a…
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With ongoing pandemic-related delays and disruptions, now exacerbated by the emerging Omicron variant, the continued demand for freight space and a lack of capacity, on all major trade lanes means that rates will remain elevated and transit times volatile. Global supply chains continue to experience…
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The Logistics UK awards are uniquely for the industry, by the industry, attracting entries from shippers, carriers, forwarders and associated sectors, with winners announced annually in London. In the presence of royalty. The trade association Logistics UK is one of the biggest business groups in…
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