Maersk u-turn as port congestion increases across Northern Europe
Just a few months after electing to swap its UK hub from Felixstowe to London ...
Black Friday, according to retailers, saw sufficient goods in stock for the annual discount buying spree across the western world. As a result, air freight rates, which have hit year-highs, are now beginning to ease off, according to market sources.
But it’s not quite over yet – there are concerns that shops in the US may have difficulty in re-stocking next week, as the west coast ports continue to struggle with congestion.
As a result, charter rates out of China remain high ...
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