Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
A “cautious” Hapag-Lloyd has warned it will not accept bookings if port congestion leaves cargo ...
© Christopher Rawlins
By Sam Whelan
Forwarders in China are reporting a sudden spike in demand for Silk Road rail freight, post-Ever Given.
According to Shanghai-based Marco Reichel, APAC business development director at Crane Worldwide Logistics, space on trains to Europe was already tight before the week-long Suez blockage.
He told The Loadstar: “We already had limited space in late March, and for the whole of April, and we now expect capacity to stay almost sold out until May.
“As demand increases, we expect to see rate increases follow,” ...
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