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The Chinese factory rush to get goods out before the new year holiday, and the threat of US import tariffs, have seen global container port congestion hit a three-month high.
Approximately 3.3m teu, or nearly 11% of the container shipping fleet, is held up at ports in Asia, Europe and North America, according to a Linerlytica report today.
The consultancy said: “Chinese ports are extremely congested in the run-up to the holidays, with both the Yangtze River ports ...
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