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Posts from March 2021

 
US box imports set for ‘dramatic’ H1 growth 
 
Imports at the largest US container ports are expected to grow “dramatically” during the first half of 2021, particularly in comparison with last year’s disrupted market, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. 
 
Click on the below link to read more. 
 
 
Prologic Services Ltd granted AEO Authorisation 
 
We have recently been granted Authorised Economic Operator status for customs simplifications. This is testament to the hard work our team have been carrying out to ensure we are completely compliant with customs procedures and making sure we have the structure and compliance in place to look after our customers customs requirements. 
 
Please click read more to see how this can benefit you as a customer. 
 
Asia-US air freight rates drop but stay firmer to Europe 
 
Asia-US air freight spot prices have begun to fall in the weeks since Chinese New Year (CNY), but they appear to be holding relatively firm from China to key destinations in Europe, according to figures from TAC Index and the Baltic Air Index (BAI). 
 
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Higher contract rates ahead as shippers seek security 
 
Contract freight rates have risen sharply and could well remain high for the remainder of 2021 and beyond, as shippers that had successfully played the spot market in the past have been hit hard by the recent ocean supply constraints and now seek longer-term commitments. 
 
Click on the below link to read more. 
 

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