Rail-sea rate competition to intensify even more in the coming years
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
‘Stranded containers in Russia could disrupt China-Russia supply chain’
Around 150,000 surplus containers are stranded in Russia due to trade volume imbalances, according to container logistics monitoring platform Container xChange. The imbalance is supposedly caused by the rise of imports from China and the...Read more
Inflation considered biggest risk for shipping industry in 2023
Supply Chain88 per cent of shipping companies see inflation as the biggest hindrance for businesses in 2023. Other fears are the implications of war, the impact of Covid in China and strikes.Read more
Lockdowns in China put even more strain on the supply chain at a critical time
China’s zero Covid policy, meaning the enforcement of lockdowns even with the slightest increase of corona cases, will probably have a long-term impact on the supply chain. As a result, container availability will decrease, and...Read moreContainer rates plunge just in time for Christmas
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
Don’t miss out on container capacity in the busiest period of the year
‘Container madness reaches ultimate heights’. ‘The war on international containers breaks through the walls’ and ‘Shipping container shortage is causing shipping costs to rise’. These are some of the headlines which you have probably seen...Read more
‘Rail should not become as congested and unreliable as deep-sea shipping’
Why do container prices rise? How does this affect shippers and freight forwarders? And what role could rail freight play to change the situation? These were some of the questions raised during the RailFreight Networking...Read more