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Will Waters

Latest From Will Waters

Long-term ocean freight rates decline on poor economic outlook

Contract prices fell 1.8% in June following a 1.2% decline in May, and are now 1.3% below their levels last year, Xeneta reports

International Containers

Freight sector raises UK customs training challenges

Challenges remain to ensuring measures to accelerate growth of the UK’s customs intermediary sector are successful

Europe United Kingdom

UK U-turn on border checks welcomed

The government backed down after industry warned of long queues at the border

Europe United Kingdom

Transpacific ocean freight rates at 18-month high

Rise in rates on the transpacific market was because of an ‘unexpected spike in demand’ during the past few weeks, combined with tight capacity

Asia Pacific China

DSV to cut 3,000 staff due to demand slump

Cuts will affect all divisions and regions, with the measures to be phased in during the second half of 2020

International Denmark

Long-term ocean freight contract rates remain stable

Carriers have been working hard to make adjustments to protect rates, aggressively withdrawing capacity from the market and adopting more ‘creative’ strategies, says Xeneta chief executive Patrik Berglund

North America Europe
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