Container counterfactuals: spot market vs time-charters
Spotting the time-charter correction…
Road freight lobby groups have renewed calls for government support to tackle the driver shortage crisis, as research revealed European capacity hit a three-year low last month.
Transporeon’s monthly Transport Market Monitor’s European capacity index declined 11.3% from April, and around 58% down on May 2020.
It also noted that spot freight rates had shot up to a three-year high, its spot rate index up 8.4% month on month and 28% year on year.
And there were similar trends in the post-Brexit cross-Channel ...
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