Carriers eye major rate hikes for July, even as port congestion strands 3.4m teu
Congestion in European and Asian ports has kept 3.4m teu of box ship capacity queued, ...
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By Alison Koo
The Chinese factory rush to get goods out before the new year holiday, and the threat of US import tariffs, have seen global container port congestion hit a three-month high.
Approximately 3.3m teu, or nearly 11% of the container shipping fleet, is held ...
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