Post-Brexit trade disruption and ongoing congestion are causing critical build-ups of containers at UK ports, according to the latest data from Container xChange. The UK’s leading container terminals struggled to cope with the pandemic driven surge of imports last year resulting in lengthy delays for hauliers and vessels and an excess of containers building up .
Register
Register with JOC.com and receive 5 free pieces of content for the first thirty days. After thirty days, you will receive 3 pieces of content and after sixty days you will receive 1 piece of content. To receive full access,
Subscribe Today. You can also subscribe to our daily newsletter.
Freight: a silver lining on the horizon for feed additives A combination of supply chain events have created more volatility and higher additive prices; they range from the extended spring holidays in China, costly grains, sugar and oil, as well as dysfunctional freight markets and lockdowns in Hebei, Hubei, Heilongjiang, and elsewhere.
“Markets got quiet as Chinese producers left early for Spring Festival and record-high freight costs and record-low schedule reliability made several suppliers postpone deliveries,” said Stefan Schmidinger, head of business development and markets at procurement, trade and intelligence platform, Kemiex.
Kemiex just got listed in a market data platform by US-based CME Group, one of the world s largest commodity and derivatives exchanges.