East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Container trades out of India are faced with increasing congestion, due to a combination of blanked sailings, equipment shortages and carriers unable to clear a backlog of bookings.
According to forwarding sources in the country, every carrier is facing a “space crunch across India on all tradelanes and services”.
Sources added that this was largely due to blanked sailings on almost every tradelane, container shut-outs and rollovers “on every vessel”, an ever-lengthening list of bookings due to cancelled sailings, growing congestion at ...
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