DHL GF: Ocean freight market update
Here’s the monthly ocean market update by DHL Global Forwarding… Suez Canal Blockage TOPIC OF THE MONTH: The ...
Here’s the latest, monthly ocean market update published by DHL Global Forwarding:
Topic of the month: Container shortage in Asia
Box shortage on headhaul trades pushes up rates and starts to affect backhaul trades
A combination of very strong cargo demand in Asia and an increasing shortage of 40’ containers has seen spot rates for Chinese export rising sharply over the last few weeks. Carriers put priority on getting empty 40’ containers in China to take advantage of the lucrative rates on headhaul ...
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Hong Kong Air Cargo ban on Vivo phones after pallets catch fire at airport
Anger as SCA arrests Ever Given and submits $916m compensation claim
Ripples from Suez ending in waves of price rises on all container tradelanes
UPDATE 2: Philippines vs China – the South China Sea dispute
Shipping rates rocketing again, with contract talks 'a game of musical chairs'
Now US intermodal rail yards clog up as port congestion and delays continue
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