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    financial-panorama-2024

    Shipping Series 2019/2029: where do we stand at the halfway point?

    In 2019, we carried out a prospective exercise on the possible evolution of containerised shipping for the decade 2019-2029. We propose a mid-term review of these scenarios drawn up before the Covid-19 pandemic. In August 2019, we wanted to take a step back from short-term developments by publishing...
    Jérôme de Ricqlès
    July 12 2024
    8 min

    Air freight: the recovery phase continues

    BAROMETER. Global air cargo traffic has been on an upward trajectory for the past 6 months, with a further year-on-year increase of 14.7% in May. The fall in freight rates is slowing down. 1/ The evolution of supply and demand Traffic for May 2024 In May, global air cargo traffic grew 14.7% year-on-...
    Anne Kerriou
    July 10 2024
    5 min

    Spain: changes in road freight rates in Q1 2024

    Road transport prices in Spain have held up relatively well in the domestic market. On the principle intra-European links, the situation is more contrasted. Upply has commenced a collaborative project with Transprime, the Spanish Shippers' Council, to produce a quarterly report on the evolution of t...
    Anne Kerriou
    July 05 2024
    3 min
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    Containers: freight rates overheating in June

    BAROMETER. Maritime freight rates continued to climb for much of June before plateauing. A trend that is in no way fuelled by the strength of demand. 1/ A false recovery The month of June began with a bang, especially on the Asia-Europe corridor. The traditional high season seemed to arrive earlier ...
    Jérôme de Ricqlès
    July 04 2024
    2 min

    Our scenarios for the container shipping industry in S2 2024

    It is very much in the interests of the world's leading economies to take a firmer line on the disruption of shipping in the Red Sea. This would allow ocean freight rates to fall again as quickly as they climbed in the spring. Last January, we carried out our traditional forecasting exercise by pres...
    Jérôme de Ricqlès
    June 26 2024
    3 min

    The Current Drivers of the Transpacific Trade Flows

    The current dynamism of trans-Pacific trade is benefiting specific products and certain countries. While some factors are cyclical, a more structural transformation of the supply chain is also underway. Rising ocean freight rates, fuelled by restocking and geopolitical factors, are currently making ...
    Ganyi Zhang
    June 21 2024
    9 min
    Subscribers

    French transport prices slightly up in May

    BAROMETER. Road transport prices rose in May, but only slightly. Hampered by sluggish activity, they are not benefiting from the natural tension created by the avalanche of bank holidays and long weekends. With 1,194 projects announced, representing nearly 40,000 jobs, in 2023 France retained the fi...
    William Béguerie
    June 18 2024
    2 min

    Air freight: reasonably favourable developments

    BAROMETER. Global air cargo traffic increased for the 5th consecutive month in April and freight rates are declining at a slower pace. But overall turnover is expected to fall by 13.4% in 2024. The global air cargo industry remains well oriented, with a fifth month of double-digit growth in April 20...
    Anne Kerriou
    June 14 2024
    4 min

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