Global freight markets remain under pressure as carriers continue to manage capacity, congestion builds across key ports and ongoing geopolitical uncertainty influences supply chain planning.
June saw further rate increases implemented across Asia-Australia trade lanes, driven by a combination of Peak Season Surcharges, rate restorations, blank sailings and higher operating costs. At the same time, congestion and schedule reliability challenges continue to impact major ports across Europe and Asia, contributing to longer transit times and ongoing network disruption.
This month’s update also covers:
• Ongoing Middle East instability and its impact on global shipping networks
• Rising freight rates and capacity constraints across Asia-Australia services
• Congestion and schedule reliability challenges across key global hubs
• New vessel and service developments, including Australia’s Strategic Fleet Pilot Program and Maersk’s new Qilin service
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