News / Container trades back in 'pandemic-level territory' – with rates still rising

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© Andrii Yalanskyi

By Gavin van Marle

12/06/2024

Fresh warnings of further spot freight rate rises were issued on the first day of the TOC Europe 2024 conference in Rotterdam this week.

The Red Sea crisis and bursts of regional port congestion continue to present problems to container trades, while the looming threat of tit-for-tat tariff wars was causing demand spikes, Xeneta chief analyst Peter Sand told delegates

“Half a year ago we were looking at a 2024 that would be like taking a walk in the desert. Now, of ...

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Asia-North Europe China-Mexico Ellerman City Liners Rates: the eternal tango Red Sea Crisis

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