Port single windows will cut 'unfair' box line levies
The deployment of digital ‘single windows’ in ports has the potential to bring considerable improvements ...
Drewry is expecting “marginally higher contract rates, higher fuel charges and better carrier discipline” this year, with global freight rates up by about 6%.
However, in its 2019 Container Freight Outlook presentation today, for the two major east-west tradelanes, Drewry has evidence of flat new January-December contract rates between Asia and Europe, but anticipates some improvement in transpacific annual contract rates when they are renewed in May.
In regard to capacity management, carriers have so far this year reinforced Drewry’s prediction of ...
European port congestion now at five-to-six days, and getting worse
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