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Posts tagged “Supply Chain”

 
E-commerce logistics market grew 27% in 2020 
 
The global e-commerce logistics market grew by more than a quarter in 2020 – an estimated 27.3% – to around $368 billion and is forecast to expand to €557 billion by 2025, according to new research by Transport Intelligence (Ti). 
 
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Ports prepare for Suez surge 
 
Following the refloating of the 20,000 teu Evergreen containership ‘Ever Given’ that has been blocking the Suez Canal for the best part of a week, attention is now turning to the surge of imports that are due to arrive at Europe’s shores as a backlog of vessels begin to transit the canal. 
 
Among those ships that have been waiting to transit the canal are 100 containerships with an aggregated capacity of 1m teu, according to figures from Lloyd’s List Intelligence. While some of that cargo is outbound or empties, on average 52% of canal capacity each week is northbound to Europe. 
 
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UK announces Covid tests for inbound hauliers 
 
Hauliers arriving in England from outside the UK from 6 April onwards will need to take a COVID-19 test if they are staying for more than two days, the UK government has announced, as the country bids to limit the numbers of infections of potentially vaccine-resistant variations of the virus. 
 
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No let-up expected in buoyant air cargo market 
 
High demand will continue to buoy air cargo charter activity over the next few months, consolidating the strong start to 2021, although prices may cool somewhat from their current high levels, according to a leading air freight broker. 
 
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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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Global supply chains ‘unlikely to fully recover this year’ 
 
Supply chain industry executives hold little hope for a global recovery from the Covid-19 pandemic in 2021, although many still see opportunities to increase business activity in emerging markets, despite a shift in the factors driving such investments, the annual Agility Emerging Markets Logistics Index survey today reveals. 
 
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Box port delays causing service cancellations 
 
Major global container lines are being forced to cancel significant numbers of east-west services due to exceptionally long delays to vessels caused by congestion in Asian and North American ports. 
 
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Decline in UK road-borne exports also hitting imports 
 
A lack of demand for road freight capacity from the UK, as a result of export volumes to the EU falling well short of normal levels almost one month after the end of the Brexit transition period, is making it difficult for importers to find trucks willing to make the journey to Britain because it is less financially worthwhile for hauliers than was previously the case, according to the Road Haulage Association (RHA). 
 
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