'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
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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