Overcapacity looms for ocean trades – with more blanked sailings inevitable
Notwithstanding the possible effects of the US tariffs on global container trades, the box lines ...
Credit Paul Wishart Dreamstime.com
The impact of Brexit on the European road freight market has been immediate, according to new data from Transporeon’s Transport Market Monitor (TMM).
Today’s TMM, recording pricing and capacity levels for December, shows a Europe-wide decline in capacity of some 16.4% on November and 16% year on year.
This was led by huge capacity decreases on routes to and from the UK, which has subsequently pushed up road freight rates on the trades.
The key France-UK route, a bellwether for the effects of ...
Comment on this article
kevin smith
January 14, 2021 at 1:31 pmHow can capacity decrease by more than 100% (164%) according to the article? Should that be 64% or 16.4% or some other number?
Gavin van Marle
January 14, 2021 at 3:05 pmThank you for your eagle eyes Kevin. The correct figure is 16.4%. The article has been amended.
Kind regards,
Gavin