News / No end in sight for shippers' surging supply chain costs

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Amidst a mixed demand picture on the world’s largest container shipping lanes, shippers are likely to continue to be beset with surging supply chain costs due to the combination of port congestion and poor schedule reliability.

Container Trade Statistics’ April demand data showed that global demand declined 4.2% year-on-year during the month.

But the headline number masked a mixed bag of demand for the Asia-North Europe and transpacific tradelanes, with the former slumping by 8%, while North American imports were unfaltering, recording ...