Sea freight rates rise 800% on reduced capacity
SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced
SEA freight rates have increased up to 800% in some routes — a 100% increase than in October last year (700%) — due to reduced
Freight forwarder association Clecat is asking the EC competition directorate to urgently investigate what it claims are “distortions” in the liner shipping market. Clecat wrote
Starting from the end of 2020 and into 2021 container shortages and congestion at ports, along with other disruptions, resulted in record container freight rates,
The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods from Asia is making companies reconsider local production. At the very least, companies are thinking
Last year in August, Maersk launched a weekly eight-vessel string named ME7. This was launched from the Ennore port near Chennai. Each ship carries a capacity of
From January 2020 when the coronavirus pandemic was beginning to spread, there was a near halt in the arrival of cargo containers from China to Nepal. Trade
Value chain disruptions are increasingly blamed for inflationary tendencies, although there are multiple other factors that can drive consumer prices up. Since the summer of
Containership charter rates have stormed to new record highs with analysts warning that the scarce tonnage available could see prices remain at extraordinary levels for
Digital supply chain experts project44 say average delays on shipping from China to Europe rose to 6 days in December, after falling for months. Delays
SEA freight rates have increased up to 800% in some
Freight forwarder association Clecat is asking the EC competition directorate
Starting from the end of 2020 and into 2021 container
The logistical nightmare caused by the pandemic and subsequent high costs of shipping goods
Last year in August, Maersk launched a weekly eight-vessel string
From January 2020 when the coronavirus pandemic was beginning to
Value chain disruptions are increasingly blamed for inflationary tendencies, although
Containership charter rates have stormed to new record highs with
Digital supply chain experts project44 say average delays on shipping
