Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
Port of Vancouver. © Sstoll850 Dreamstime.com.
By Mike Wackett
Ocean carriers are warning of worsening congestion at the Canadian west coast port of Vancouver, while US east coast ports continue to be overwhelmed with import boxes.
Canada’s biggest box port is experiencing a wave of record import volumes and when combined with intermodal delays due to forest fires in British Columbia, it has resulted in a big spike in container import dwell times.
Hapag-Lloyd said that all vessels calling at Vancouver “continue to face significant delays” and that anchorages for vessels ...
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