Schedule reliability on the rise despite European port congestion
Despite ongoing reports and warnings of worsening port congestion levels in North European ports, container ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
Felixstowe is not the only port facing difficulties. Kenya Port Authority (KPA) is trying to create space at Mombasa by transferring uncollected cargo – some 1,500 containers – from its inland container depot (ICD) to other warehouses.
The KPA issued a notice to cargo owners three weeks ago, but so far only 500 containers have been collected, causing congestion. Cargo owners will have to pay for the movement and storage. Low costs at the ICD have been blamed for the problem, as KPA charges $20 for a 20ft container and $30 for a 40ft – while private warehouses charge more than double that. The East African reports.
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