Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
Bigger containerships and fewer port calls are leading to severe hinterland congestion and a weaker ports industry, delegates at Transport Logistic in Munich heard this week.
“The three alliances have fewer port-to-port connections,” explained Olaf Merk, of the International Transport Forum. “There has been a clear reduction between January and April on the major lanes.
“Shippers have less choice, and there is less service frequency. Weekly Asia-EU, for example, has gone down. That leads to more peaks and troughs in terminals. Sometimes they ...
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