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Global Logistics Market Update

Keeping you up to date and informed on the global landscape of the logistics industry

Global Logistics Market Update: 16 May, 2023

Following heavy rainfall and flooding, delays continue to impact deliveries in parts of New Zealand and public holidays around the world may cause disruptions to service.

Macro Update:

Following heavy rainfall and flooding, delays continue to impact deliveries in New Zealand, particularly in areas still affected by the recent weather: Whangarei, Northland, Coromandel, Bay of Plenty, Gisborne, Hawkes Bay, Wellington, Tokomaru Bay, the West Coast, and of some inter-island items from the North to the South Island. Read more in the Australia and New Zealand section below.

The following public holidays may lead to delays in the processing and delivery of your shipments to the following countries: 

  • 17/05: Norway - Constitution Day 
  • 18/05: International Ascension Day 
  • 29/05: UK - Spring Bank Holiday 
  • 29/05: USA - Memorial Day
  • 29/05: International - Whit Monday

Service Updates:

Australia & New Zealand

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Direct injection International services at this time: No delays

Aramex: 

Services are affected in Albury, Cairns, Capricorn Coast and Wollongong. Read more about Aramex disruptions here.

New Zealand Post:

Following heavy rainfall and localized flooding, delays of 1-2 days continue to impact deliveries countrywide, particularly in areas still affected by the recent weather: Whangarei, Northland, Coromandel, Bay of Plenty, Gisborne, Hawkes Bay, Wellington, Tokomaru Bay, the West Coast, and of some inter-island items from the North to the South Island.

You can read more on New Zealand Post’s website here.

Asia

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Direct injection International services at this time: No delays

US & Canada

Fulfillment services: Remain unaffected by delays and same day dispatch is being met as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Shipping services: Operational and as per SLAs.

UK

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

International from the UK: We are seeing slight delays for DDU, not DDP deliveries, where there is an IOSS number. Average delivery times of 5-8 day are now taking 8-11 days. We encourage all customers to have their IOSS number as this helps with improving the clearance process to deliver into the EU.

EU

Fulfillment services: Operational and as per SLAs.

Inbound Receiving services: Operational and as per SLAs.

Freight Forwarding Update:

Sea freight - Asia to north America

We’ve seen a slight drop in pricing for LCL and FCL, however rates are still elevated. 

Space: We continue to experience space issues with most carriers

Booking: We recommend booking well and truly in advance (5-6 weeks), we cannot guarantee that the space will always be available.

Sea Freight - Asia- Europe

Rates are still at record highs, although they have gone down slightly. 

Space: Continues to be a concern

Booking: We recommend booking well and truly in advance (5-6 weeks).

Sea Freight - Asia - Australia

Pricing is still relatively elevated.

Space: Continues to be a concern

Booking: We recommend booking in advance (4-5 weeks).

Air freight

COVID-19 and Russia’s invasion of Ukraine continues to impact services and limit capacities globally.

Direct injection

B360 has its own Direct Injection network that runs from Sydney to the US, Hong Kong to Europe, Hong Kong to Australia and Hong Kong to the US. These channels are still very reliable, with transit times on average being 4-8 days, we see no changes as per the SLAs at this time.

To learn more about any of our updates or to make carrier changes, please reach out to us today.