Global Port Congestion, High Shipping Rates Will Linger Into 2023
Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday…
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Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday…
SINGAPORE—Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, ...
Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday…
Global port congestion is set to continue until at least early 2023 and keep spot freight rates elevated, logistics executives said on Wednesday (June 15), urging charterers to switch to long-term contracts to manage shipping costs. The Covid-19 outbreak has lengthened ship delivery times since 2020, pushing up freight costs, while the Russia-Ukraine conflict and ...
The premium surcharge, which overstayed in the trans-Pacific route and later in other ex-Asia routes for nearly a year, is expected to continue at least through the first half of 2022 due to firm demand and worsening schedule reliability, despite reports of easing in some regions post China’s Golden Week holiday. “Premiums would most likely ...