Analysis: Will Chinese EVs keep pace with car carrier capacity?
But risks persist in a twisty, turny tale
Insufficient pure car and truck carrier (PCTC) space is driving some Chinese car-makers to use containers to export their automobiles.
Adding to the attraction are rates that have tumbled from the historical peaksof last year, while prices for space on car-carriers have soared.
Chinese forwarder Qingdao Shengyun International told The Loadstar the company had been using containers to move new vehicles to US customers for a while.
A representative said, “PCTCs tend to be built for long-term charter to automobile makers and it’s difficult ...
Maersk u-turn as port congestion increases across Northern Europe
Apple logistics chief Gal Dayan quits to join forwarding group
Maersk Air Cargo sees volumes fall as it aims for 'margin in favour of revenue'
Airlines slash freighter capacity post-de minimis, but 'the worst is yet to come'
Houthis tell Trump they will end attacks on Red Sea shipping
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
MSC revamps east-west network as alliance strategies on blanking vary
India-Pakistan 'tit-for-tat' cargo ban sparks sudden supply chain shocks
Comment on this article