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Surging Demand and Rising Costs Up Ahead

Karolina Mazur Events, Featured, News

Canaan Group has been monitoring Asia/North America and Asia/Europe trade conditions resembling those during the pandemic’s peak. While demand surges between 10-20% year-on-year across the entire customer base, certain unique factors have arisen that have reduced sailing capacity, equipment availability, and increased prices specifically for shipments coming out of Asia. Among the major factors driving increased rates are the Houthi …

Three people on a red backdrop sitting on the stage of the TPM 2024 - Transpacific Maritime Conference

Elevating Insights from TPM 2024

Karolina Mazur Events, Featured, News, Uncategorized

As we navigate through the uncertainties marking the end of the first quarter of 2024, the supply chain landscape presents a myriad of challenges and changes. At the heart of staying ahead in this dynamic environment is the annual Transpacific Maritime (TPM) Conference, a pivotal gathering in March 2024 that drew industry leaders, including the management team from Canaan Group, …