Chinese transport hubs reopen following Typhoon, disruption across the global supply chain remains critical and a new Covid-19 outbreak in China may impact shipments.
Air Freight demand and rates are on the rise, Sea Freight schedule reliability remains low and the UK driver shortage causes major supply problems.
Sea Freight schedule reliability worsens due to global port disruption while rates reach another high and Air Freight operations in China begin to normalise.
Ningbo port formally reopens, air freight operations in China are still disrupted and the UK haulage crisis is reported across the media to be a ‘big problem’.
Ningbo port is to reopen this week but Air Freight capacity from China still impacted. Port congestion in Asia and the EU is likely to lead to shortages of gifts this Christmas.
Covid outbreak in China forces closure of Ningbo port and continues to impact Air Freight capacity. Port congestion in Asia and the EU persists and UK haulage prices rise.
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