ports

Carrier Surcharges Mount as CargoWise Outage Disrupts Global Operations

Ocean carriers have announced fresh peak season surcharges as the industry navigates multiple headwinds this week. The developments come as WiseTech Global's CargoWise platform experienced a significant global outage, leaving customers unable to access the system. The software disruption affected freight forwarders and logistics providers worldwide, reigniting concerns about platform reliability and support protocols.

Meanwhile, shipping markets continue grappling with broader challenges. The reopening of the Strait of Hormuz offers some relief to container routes, though allegations have emerged of cartel activity in container manufacturing. Speculation persists regarding potential consolidation between major carriers MSC and Hapag-Lloyd.

In air freight, India's emergence as a growing hub signals shifting regional dynamics. US de minimis policy changes are also reshaping the balance between ecommerce and general cargo flows. Shippers report uncertainty around rates, capacity availability and contract terms amid volatile market conditions.