News / Rush for space on Asia-Europe as box carriers spark new capacity crunch

North European shippers are scrambling to book space on October sailings to Asia ahead of a new capacity crunch.

The decision by ocean carriers to void 11 voyages from Asia to North Europe nest month to halt the slide in container spot rates will result in a similar number of cancelled backhaul sailings in November and December.

One UK forwarder told The Loadstar today he was encouraging his customers to bring forward as much cargo as possible due to the uncertainty of export ...