Carriers could find the cost of blanked sailings adding up to $23 billion
The container shipping industry could lose as much as $23bn this year from reduced demand ...
Several container lines are still said to be refusing new bookings for containers from North European hub ports to the Middle East and Asia, unless there has been a prior commitment by the carrier.
And as the backhaul capacity crunch tightens, freight rates have soared as high as $2,500 for 40ft containers selected for loading – with prices for normally low-rated waste paper and plastic even higher.
Some carriers have even said they would impose a mid-month peak season surcharge (PSS) on the route, which is ...
MSC Elsa 3 sinking – now the 'blame game' begins
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
After DSV 'cuts the cake' on Schenker acquisition, time for redundancies?
Congestion fear as US west coast ports brace for transpacific cargo surge
New services and reinstated blanked sailings boost transpacific capacity
$2.1bn E2open purchase will 'catapult WiseTech into a different dimension'
Houthis claim Red Sea safe for box ships not calling at port of Haifa
Bad news for shippers as wave of transpacific rate increases continues
Shippers hold their breath as Trump appeals court ruling that tariffs are illegal
No deals with carriers, say Houthis – Red Sea safe for non Israel-affiliated ships
Shippers brace for rate rise as smart phones expected to drive air cargo market
US importers stockpiling goods to avert autumn shortages amid tariff chaos
Comment on this article