Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
Ever-increasing trade volumes are causing strains in the global supply chain, with levels of road congestion reaching extremes in some places. But one company believes it may have a solution.
Chicago-based start-up Eagle Rail has developed an overhead container transport system, which chief executive Michael Wychocki believes could alleviate some road pressures.
“The idea arose while in Brazil, and how it could be adapted to European intermodal standards ? not by expanding ports, but by improving connectivity,” Mr Wychocki told The Loadstar.
“And because of the terrain, overhead rails up ...
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