The current year has been quite challenging for the transport industry for an array of reasons: geopolitics, inflation and an imbalance between demand and supply all played their part. Container prices have dropped immensely, increasing...Read more
Sea shipping rates reached a new low last week, according to Drewery’s World Container Index, which saw a 2 per cent decrease to 1,342 US dollars per 40ft container. The rate was 57 per cent...Read more
Could Europe become the leading player in Eurasian intermodal transport? And why is it crucial for this to happen? According to David Aloia from Hupac, the New Silk Road faces substantial logistical problems that could...Read more
The average price for a 40-foot high cube container in China has decreased by 22 per cent. The reduced price comes at a critical time, between China’s Golden Week holiday and Christmas. Before that, container...Read more
For European port hubs, the Suez Canal disturbance proved to be less impactful than expected. Nevertheless, container imbalances between imports and exports are still going strong, causing many issues to shippers. In fact, a survey...Read more
