18 Nov 2023

Idle Vessel Fleet Faces Continued Growth as Newbuilds Arrive

The long-awaited surge in inactive tonnage, driven by a wave of new large vessels delivered from shipyards, appears to have temporarily subsided. However, this lull may be short-lived as the industry faces a further increase in idle capacity. Despite the influx of larger vessels, box ships with capacities of 12,500 twenty-foot equivalent units (TEU) and […]

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14 Nov 2023

China’s Economy Faces Continued Deflationary Pressures

  China’s consumer prices remain stagnant and factory-gate prices continue to decline, indicating persistent deflationary pressures in the world’s second-largest economy. The consumer price index (CPI) remained unchanged in September from a year earlier, falling short of the expected 0.2% gain. Core inflation, excluding food and fuel prices, held steady at 0.8%. The producer price […]

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13 Nov 2023

Air Cargo Demand Outlook for 2024: A Mixed Bag

  The outlook for air cargo demand in 2024 remains uncertain, with industry experts offering a range of projections from flat growth to moderate increases. While there is some optimism that demand could recover from its current slump, ongoing economic and geopolitical uncertainties cloud the picture. At the Tiaca Executive Summit event, Rogier Blocq of […]

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12 Nov 2023

Excess Containers Clog Europe’s Ports Amid Economic Downturn

  Logistics depots across Europe are struggling to cope with a surge of empty shipping containers as the economic downturn in the Eurozone and falling trade volumes exacerbate the issue. Industry experts at Container xChange claim that the cost of repositioning empty containers now surpasses their asset value, discouraging container lessors from shipping them back […]

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10 Nov 2023

Venture Capital Funding for Supply Chain Tech Startups Cools Off

  Venture capital firms are investing less in supply chain technology startups this year, as the freight market weakens, and investors become more cautious. In the first half of 2023, venture firms invested $5.7 billion in logistics companies, down from $22.7 billion in the same period last year, according to PitchBook Data. This pullback has […]

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03 Nov 2023

Air Cargo in the Evolving Logistics Landscape

  The logistics industry is undergoing significant changes, with trade flows shifting and the structure of e-commerce evolving. However, air cargo is still well-positioned to play a vital role. In the US market, Laredo on the US-Mexico border has surpassed the Port of Los Angeles as the biggest gateway for imports for the eighth consecutive […]

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02 Nov 2023

Air Cargo Peak Season Boost Fades

Air cargo demand hopes for a late-year surge faded in October, with data showing only a slight increase in demand. Xeneta, a data provider, reports that air cargo demand rose 2% in October compared to September, which it describes as “sub-seasonal” compared to the previous five years. General air cargo spot market rates also increased […]

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23 Oct 2023

Container Shipping Market Forecast for 2024

A recent report by analyst Maritime Strategies International (MSI) predicts a positive outlook for container carriers operating between Asia and North Europe in 2024. The report cites emerging signs of a demand recovery in the medium term, as inventories are replenished. The Trans-Pacific route is expected to experience healthy growth in the upcoming year, while […]

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