Containerised cargo volumes moved in the deep-sea container shipping market fell a further 2.5% during the final quarter of 2022, marking the traditionally busiest period of the year as the ‘peak season without a peak’. 

 

Volumes have fallen steadily in the early weeks of 2023 and world trade continues to stumble as economies grapple with persistent inflation and high energy prices, suppressing consumer demand for goods across nearly all economic sectors. 

 

On the demand side, many carriers and service providers are anticipating a recovery in demand in the second half of the year 

 

Click on the below link to read more. 

 

https://www.multimodal.org.uk/article/shippers-brace-for-market-bounce?utm_source=feedotter&utm_medium=email&utm_campaign=FO-03-31-2023&utm_content=httpswwwmultimodalorgukarticleshippersbraceformarketbounce 

 

Asian forwarders are reporting sinking airfreight rates, just as airlines look to set out their BSA tariffs. 

 

Two standard-setting airlines have already set out their BSA rates ex-Asia, according to one source. 

 

Click on the below link to read more. 

 

https://theloadstar.com/airfreight-rates-in-the-doldrums-as-carriers-look-to-set-their-bsa-tariffs/ 

 

Asian forwarders are reporting a large drop in airfreight rates, but don’t believe this is the end of elevated prices, nor a significant fall-off in demand. 

 

Click on the below link to read more. 

 

https://theloadstar.com/airfreight-rates-out-of-asia-take-a-dive-as-demand-from-the-west-is-subdued/