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Posts tagged “Supply Chain”

 
2M axes Asia-North Europe loop, as carriers shop for more tonnage 
 
After successive weeks of blanking its AE1/Shogun Asia-North Europe loop, the 2M Alliance has finally confirmed that the service is to be suspended. 
 
It is the first alliance service on the trade lane to be officially culled and is likely to be followed by the removal of more in the weeks to come as ocean carriers try to mitigate the impact of significantly reduced demand. 
 
Click on the below link to read more. 
 
 
Ocean carriers 'boxed in' by 5m teu surplus equipment mountain 
 
The return to ’supply chain normalisation’ has led to the container liner industry being hobbled by an estimated surplus of 5m teu of boxes, piled high on storage quays and in depots around the world. 
 
Click on the below link to read more. 
 
 
Charter and equipment demand offers some hope for carriers in H2 
 
Maersk says “there may be reasons for optimism”, as it hopes for a “surge in demand from the second half of 2023” onwards. 
 
Although the carrier added that there was “little sign of any short-term improvement”, there were some positive signs emerging from the container industry services sectors. 
 
Click on the below link to read more. 
 
 
ABP ACQUIRES SOLENT GATEWAY 
 
Associated British Ports has announced an agreement to acquire Solent Gateway Ltd, the operator of Marchwood Port on Southampton Water. The deal is focused on delivering the vision of the Solent Gateway, with ABP’s record of port operation and investment supporting SGL’s plans for development and job creation. 
 
Today’s agreement also paves the way for development that would also substantially upgrade Marchwood’s capabilities as a defence facility serving the Ministry of Defence. 
 
Click on the below link to read more. 
 
 
HAPAG-LLOYD ACHIEVES EXTRAORDINARILY STRONG RESULT IN ITS ANNIVERSARY YEAR 2022 
 
On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR 19.4 billion). The EBIT rose to USD 18.5 billion (EUR 17.5 billion), which can primarily be attributed to higher freight rates. At the same time, disruptions in global supply chains and inflation have led to a significant increase in costs. 
 
Click on the below link to read more. 
 
 
Investing in new equipment 
 
As part of our growth and development strategy, we are constantly investing in new equipment to both refresh and grow our fleet. We recently added 3 new vehicles to our fleet, increasing capacity for our customers as well as adding more modern, fuel-efficient vehicles to the fleet. 
 
The new vehicles arrived with driver comforts such as Sat-Nav, fridges, microwaves and tv connections, to ensure our drivers have all the necessary comforts whilst they work hard to deliver for our customers. 
 
With more equipment due to arrive throughout 2023, we will continue to invest in order to provide the best working environment for our staff, as well as improving and developing our service offerings to our great customers. 
 
To find out more about how we can help with all your haulage and logistics requirements, please contact a member of our team who will be more than happy to help. 
 
Rail freight gets a boost in Europe but is stalled by strikes in UK 
 
New European routes are building on the momentum of a post-pandemic shift to rail freight, but strikes in the UK are adding to continental energy cost worries, threatening the change. 
 
Click on the below link to read more. 
 
 
Carrier hopes for a demand surge rest on summer peak season 
 
Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from their pre-Christmas level, to $1,874 per teu. 
 
However, export demand to North Europe has been much weaker than usual ahead of the Chinese New Year on 22 January, and rates are expected to come under pressure again after the holiday as carriers scramble to fill their ships. 
 
Click on the below link to read more. 
 
 
Maersk revamps network for 'new normal' 
 
Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a rebound in demand for intra-Asia services, according to the latest Asia-Pacific market update from Maersk. 
 
Click on the below link to read more. 
 

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