Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
A combination of improved labour availability, due to the end of the school holidays and a reduction in Asian imports, has eased congestion at North Europe’s container hubs.
Moreover, a wage settlement last week at German ports is also expected to relieve the high yard density at Hamburg’s box terminals in the coming weeks.
According to new weekly data produced by supply chain intelligence company eeSea for the port of Rotterdam, congestion at the Dutch gateway and neighbouring Antwerp has declined significantly ...
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