Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
There are fears of space to store containers in Taiwan running out, after Worldwide Freight Terminals sold its two storage yards.
The firm’s exit from the container depot business has given rise to concern that Taiwanese ports may experience bottlenecks like those on the US west coast.
Established in 1969, Worldwide began operations with Sealand (now part of Maersk) and Maersk Line as its first customers.
Its 16,000 sq metres in Xizhi district, between Taipei and Keelung, will be redeveloped into a business park that Worldwide is jointly building ...
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