Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
© Artem Egorov
By Alex Lennane
Despite rail services between China and Europe becoming increasingly popular amid blanked sailings and high air freight rates, the service from the UK has slim margins and takes too long.
“We have rarely used rail before, but we are now using it for UK exports” said one UK-based forwarder. “However, it is more expensive to get a container from the UK to Duisberg, than it is to move it from Duisburg to Xi’an,” he added.
“It also, realistically, takes about 25 days from ...
Comment on this article
Philip
September 02, 2020 at 10:39 pmAfter waiting over 80 days for shipment by rail with shippers blaming everything from rail jams to customs. Next time I will stick to sea transport