Analysis: Will Chinese EVs keep pace with car carrier capacity?
But risks persist in a twisty, turny tale
Insufficient pure car and truck carrier (PCTC) space is driving some Chinese car-makers to use containers to export their automobiles.
Adding to the attraction are rates that have tumbled from the historical peaksof last year, while prices for space on car-carriers have soared.
Chinese forwarder Qingdao Shengyun International told The Loadstar the company had been using containers to move new vehicles to US customers for a while.
A representative said, “PCTCs tend to be built for long-term charter to automobile makers and it’s difficult ...
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