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 ...
© Jörg Hüttenhölscher
European shippers are facing more chaos on the tracks, with German train drivers’ union GDL launching its third strike in less than a month, amid an ongoing pay dispute with Deutsche Bahn (DB).
Sources told The Loadstar that up to 70% of all rail freight movements may be affected by the strike, the longest to date, which began at 5pm yesterday and is set to run until 2am on 7 September.
A DB live commentary noted that by 6am today, 200 freight ...
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