Below you'll find a list of all posts that have been categorized as “News”
Beneficiary shippers have seen a significant drop in transportation costs in recent months and expect further weakness in the future, but their warehousing costs will continue to rise. According to developers, inventory and demand may be declining, but a significant reduction in new warehouse developments will keep vacancy rates tight and push rents up more than 10% this year. Warehouse …
Airfreight is primarily an industrial tool, with roughly three-quarters of airfreight traffic linked to the various stages of production. Global manufacturing and airfreight tend to move in sync. Based on the outlook for manufacturing this year, we expect US airfreight exports to decline by about 7%, and imports to drop by about 3%. Depending on how December 2022 numbers come …
On the Asia-Nordic trade lane, the published spot indices all agree that interest rates are falling at double-digit rates every week, but there is considerable variation between readings. For example, last week Drewry’s WC Nordic portion fell 14% to $1,686 per 40 feet, while Xeneta’s XSI fell 15% to $2,126, and Freightos Baltic Exchange (FBX) fell 1% to $3,530 Meanwhile, …
