Volume surge and an early peak season? 'Don't celebrate too soon,' warning
While this week’s announcement of a new 90-day window/reprieve on US-China reciprocal tariffs had carriers ...
By Sam Whelan
Port congestion, sky high charters and booming import demand means little prospect of freight rate respite for shippers in Australia and New Zealand.
According to Shane Walden, MD of CMA CGM subsidiary ANL Container Line, port congestion in Auckland and Sydney is creating costly delays for carriers.
“Berthing windows in Auckland have effectively been abolished,” he said on a webinar by the Freight & Trade Alliance.
“It’s effectively first-come, first-served, and you jump in the queue. As a result, over the past six ...
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