NETWORK NEWS

Catch up on the latest developments and announcements from FPS Group

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9:56pm 19th May 2022
Global Logistics: Forwarders face unstable times

Congestion and capacity shortages have been big subjects among forwarders and have resulted in high air, ground and ocean rates. The shortage of capacity has pushed freight rates to historic highs dur...

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9:26pm 17th May 2022
Challenger carriers and retailer-chartered services hit by China lockdowns

The combination of Covid lockdown cargo delays in China and congestion at US east coast ports has prompted alliance carriers to announce blank sailing...

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9:48pm 15th May 2022
'Unreasonable fees' send Australian shippers into multi-billion dollar frenzy

Australian shippers are battling a double-whammy of spiralling supply chain inflation, container detention fees and delays to manufacturing in China.N...

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9:50pm 12th May 2022
Container market ‘sitting pretty’ as freight rates continue climb

April has seen the third consecutive monthly clime in long-term contracted ocean freight rates, reports one analytics firm.According to analytics comp...

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9:42pm 10th May 2022
UK ports ‘wasted time, effort, and money’ on Brexit white elephants

The future of UK Brexit border checks on EU goods is in question, and ports want compensation for the investments made in good faith.Full post-Brexit ...

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9:51pm 9th May 2022
Major Shipping Firm Sees Signs of Supply Chain Bottlenecks Easing

Port bottlenecks that have increased supply chain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, acco...

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9:28pm 5th May 2022
US container prices tumble as yards overflow with empties

Container prices in the US have fallen dramatically in recent months and will fall further, according to Container xChange.The company’s analysis sh...

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10:47pm 3rd May 2022
E-commerce Effect: Change for the better

The impact of e-commerce on freight transportation has been profound, and it’s not restricted to any single mode—in fact, all have been affected. ...

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9:57pm 1st May 2022
Ocean Alliance launches more services to target import switch to US east coast

Ocean carriers are focusing their transpacific growth on US east coast port services, as the import coastal shift from the west coast continues.Accord...

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9:38pm 28th April 2022
U.S. Importers Are Paying Anything to Avoid Shipping Woes

U.S. importers, straining under a tapped-out supply chain, are increasingly offering top dollar for long-term shipping contracts that may not even be ...

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