Air freight review: carriers eye higher contract rates after extended peak
Airlines are taking advantage of the elongated December peak to raise contract rates for 2025. Carriers ...
By Sam Whelan
An estimated 260,000 teu of Shanghai’s unshipped cargo is set to swamp the market this summer, making the peak season “even more chaotic” than last year.
According to new analysis from Drewry, China lockdowns have stored up problems for a global container distribution system “already severely stressed and facing reduced capacity due to pervasive congestion”.
The analyst said there was little impact on vessel calls when the latest Shanghai lockdown began, but a reduction in calls accelerated from mid-April.
“Drewry estimates that up ...
Comment on this article
Ed Evans
May 19, 2022 at 1:26 pmIn a World of inflated prices due largely to increased energy costs, how do the shipper-controlled non-liner vessels affect these opinions? I know for a fact that Amazon is shipping large volumes of 53′ containers to the East Coast of the US, and intermodaling them to RDC elsewhere. What about Walmart and the others? There are plenty of generic containers moving the same way. These two Shippers are low-cost providers to consumers . . . Why should buyers pay more and get a big chain store label?
COVID Update China – OceanX
May 22, 2022 at 12:49 pm[…] Big volume surge after opening to be expected? https://theloadstar.com/peak-season-set-to-be-shanghaied-as-260k-boxes-bullwhip-market/ […]