Carriers look to short-term gains over blanking, as Red Sea crisis props up rates
With the Red Sea crisis continuing to artificially prop up container spot rates, carriers have ...
The history of modern port development, as supply chains have transitioned into the container era, largely follows a predictable trend: port facilities that were traditionally at the heart of urban areas – such as London’s general cargo wharves along the Thames, right at the heart of the city – were gradually abandoned, the areas rebuilt with post-industrial housing and commercial services.
Meanwhile, port facilities, mostly shiny new container terminals, were increasingly located away from population centres because, frankly, people and cargo ...
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Alex Lennane
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