2024 is off to a flying start! The maritime and air situation
A complicated global transport activity and the return of surcharges This year’s beginning started wildly as several geopolitical events are impacting global transportation activities, and we wanted to summarize them for you. Maritime Traffic The Suez Canal Situation Following the attack on certain container ships in the Red Sea, traffic has been significantly diverted via the Cape of Good Hope. Anticipated consequences due to the instability in this region include: Increased port congestions. Lack of equipment and capacity departing from Asia in the coming weeks. Implementation of Emergency Market Surcharges (EMS): Already in place for some, additional charges ranging from +$500 to +$3000 per container are expected...