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Transit time delays on key global trade routes analysed
2024-08-22
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Anyone involved in moving cargo on key global trade routes will be interested in the article on the Supply Chain Digital website, in which Nidhi Gupta, CEO at Portcast, examines how transit times across major global trade routes have been affected over the past 12 months.

For a company like the U-Freight Group, transit times are a crucial metric for ensuring smooth operations, and they have been significantly impacted across key trade routes compared to last year by numerous factors.

The article says that globally, there is an average increase of approximately 30% in transit times and around 20% increase in overall container journey times.

Factors such as the ongoing Red Sea crisis, blank sailings, restrictions in the Panama Canal, adverse weather conditions and port congestion have all contributed to increased transit times.

Gupta provides analysis of how transit times have been affected over the past year across major global trade routes, focusing on Asia, North America, and Europe as key regions for loading and destinations, which can be read in full here:

https://supplychaindigital.com/logistics/analysing-transit-time-delays-along-key-global-trade-routes?utm_campaign=&utm_medium=email&utm_source=Newsletter

This analysis provides a broad overview between continents, and helps gain insights into specific historical port-to-port performance based on ports of loading and destination, which can be highly beneficial. Whether shipping via full container load (FCL) or less than container load (LCL), comprehending the patterns in transit times is essential for adhering to delivery schedules.

For more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website, or contact your local office, which can be seen here: https://www.ufreight.com/en/location