'Yantian effect' could cause shortage of goods as rates are set to stay high
Chronic congestion in Asia, particularly at Yantian, the US and Europe will force rates higher ...
I couldn’t possibly repeat in full the feedback received from a couple of mid-sized shippers who vigorously complained about the arrogant behaviour and profit-driven actions of the box lines – to be sure, it wasn’t something you’d want your kids to hear.
Which – to reiterate, lest you forgot the “welcome 2021” warning – was indeed totally predictable if you read Premium’s first post of the year on 4 January: “Ocean freight randomness – the skeleton in the closet“.
That came ...