News

With apparent pressure on capacity ex Asia in recent weeks and this leading to significant rate level increases we have again moved towards a market development similar to pre-pandemic. Somewhat unexpectedly the peak season for volumes ex Asia has led to significant pressure on available capacity having been boosted by events such as Black Friday and Cyber Monday. Some analysts now predict that this could be sustained all the way up to Lunar New Year, 10 February 2024.

Complicated freight market? Get the latest market overview for air, ocean and rail freight for week 52 2022.

Geopolitical impact as consequences of the war in Ukraine, COVID-19 lockdowns in the factory of the world, China, coupled with an already overheated logistics market, has sent the Western world as we know it into an unprecedented supply crisis. Below you will find our latest advisory.

The global logistics provider, Scan Global Logistics (SGL), takes another game-changing step, increasing its presence in China and Hong Kong. Effective July 5, 2022, Sea-Air Logistics Ltd. (SAL), an accomplished and respected air and ocean freight logistics provider headquartered in Hong Kong, becomes part of the ever-growing SGL family. The acquisition supports the company's strategic growth plans to build further global scale and will strengthen its already comprehensive and decades-long operations in mainland China and Hong Kong.

The need to reduce airfreight emissions in the supply chain is growing faster than ever before. As part of its catalogue of CO2 reducing initiatives, SGL has extended its collaboration with Neste, the world's leading producer of sustainable aviation fuel (SAF), to provide its customers with a low emission solution with the potential of reducing airfreight emissions by up to 80%*. The agreement supports SGL's target to halve its emissions by 2030 across all scopes.

Uncomplicating the world of logistics through Airfreight Charters Scan Global Logistics has one of the most proven Air Charter programs globally, delivering immediate and customer-tailored solutions into any region, country, or location in the world.

As part of the worldwide shipping and logistics network for the COVAX distribution, we were asked to arrange a flight from China to Belgium loaded with ultra-cold freezers headed for African destinations. Facing the week-long shutdown of business due to China’s Golden Week holidays made finding the special cargo required in due time crucial to the timely delivery. Challenge accepted.

The ripple effects on Transportation & Logistics stemming from the ongoing conflict between Russia and Ukraine continue to evolve. Observing the special nature of this situation and after careful consideration, we have effective 4th March, decided to suspend bookings

Following our advisory issued yesterday, the situation continues to develop by the hour. As speculated, as a counter measure towards the western world sanctions, Russia has now closed Russian airspace for 36 specific countries, including all 27 EU countries, Canada and UK.