Shippers have hard choices to make, says GSF, as tariffs begin to bite
With a range of tariffs to be implemented on Wednesday next week by the US, ...
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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