Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
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A combination of surging fuel prices, driver shortages, increased demand and tight supply have driven European road freight rates to record levels.
According to new freight rate data from Transport Intelligence (Ti) and Upply, the European Road Freight Rate benchmark index for Q4 21 stood at 108.3, 1.1 points higher than in Q3 and 3.2 points higher than in Q4 20.
It also represented the sixth consecutive quarter-on-quarter growth in road freight rates and Upply CEO Thomas Larrieu warned that shippers could ...
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