Ocean carriers 'boxed in' by 5m teu surplus equipment mountain
The return to ‘supply chain normalisation’ has led to the container liner industry being hobbled ...
But while demand is expected to increase, the supply chain problems that have been prevalent over the past year – port congestion, empty container shortages and so on – will persist, and it is currently inconceivable that freight rates would decline in these circumstances (we warned you in December: “Beware. The ocean freight madness is here to stay“).
Obviously, it cannot go on forever – at some point the ports will clear; more newly manufactured containers will enter the market, as ...
Shipper sues Expeditors for losses due to lack of business plan after cyber-attack
Pressure on carriers drives cut-throat freight market for China's exports
Maersk builds ‘Chinese walls’ as it begins its unified branding
Bolloré Logistics or Geodis? Merger already a 'done deal' for Ceva?
Overcapacity could spark new rates war among liners, warns Evergreen chief
EXCLUSIVE: Ceva Logistics restructures – French marriage rumoured
Demand crash wreaked havoc in Q4 for both DSV and CH Robinson
Cross-alliance cooperation on the increase as market weakens
Comment on this article