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Freight update June 2021: latest news and updates on the worldwide supply chain

The worldwide supply chain is constantly changing. This year, there has been a global capacity crunch with prices rising and ongoing container shortages persisting. These monthly updates will share some of the latest news in freight forwarding, so we can keep you abreast of the situation. 

Start prepping for Christmas shippingFreight Port_45610231_s

Although the holiday season seems very far away, the capacity crunch in worldwide shipping is forcing importers to think about the peak season now. Read more.

Pallet problems adding costs

With lumber prices many times higher than a year ago, wood pallets are more expensive and harder to find, adding cost along the supply chain. Read more.

The world economy is running low on everything

The difference between the big crunch of 2021 and past supply disruptions is the sheer magnitude of it. Read more.

Congestion at China’s Yantian port

Major shipping companies have warned clients of worsening congestion at Shenzen's Yantian port in southern China. Yantian International Container Terminal (YICT), one of China's busiest container ports with an annual handling volume of more than 13 million twenty-foot equivalent units (TEU). Read more.

Exporting restarts at Yantian, but carriers bypass port as congestion reigns. Read more.

Trucking company shuts down after a dispute with the bank

A heavily indebted Canadian trucking company has shut down after a court-appointed trustee assumed control of the carrier and terminated 131 employees and contractors, most of the drivers. Read more.

We’ll continue to offer you insights into the worldwide freight industry—and we’re here to help you navigate these challenging times. We offer international air freight and ocean freight forwarding as well as domestic land freight services. With more than half a century of international shipping and freight forwarding experience, we are your full-service freight partner. 

Learn more about our Freight Forwarding Services.

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