Web2 Nov 2024 · Container shipping giant Maersk has sounded a warning that global demand is slowing, saying that “freight rates have peaked”. The Copenhagen-based company told investors that the Ukraine war,... Web18 Feb 2024 · Slower circulation of containers, rather than inadequate vessel capacity, is what has brought the global container system to its knees. The pandemic-driven slowdown in normal circulatory movement of containers, combined with sharply higher volumes, has reduced overall system capacity, driving up rates and creating massive delays that are ...
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Web16 Feb 2024 · In December, 26% of shipments had a dwell time for greater than five days, according to the Pacific Merchant Shipping Association. “The containers themselves [are] witnessing dwell times that are at peak levels now, on … Web9 Sep 2024 · The lack of ocean container shipping space on the Asia-Europe trade is a supply-side issue rather than being driven by demand, carriers say. ... A Maersk spokesperson told JOC.com this week that a shortage in capacity and secondary equipment was a result of slow port operations and delays, pushing up rate levels on Asia-Europe … stephen mosgrove new orleans
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Web18 Oct 2024 · Chinese ports don't have enough shipping containers because they haven't returned from the US, according to Alvin Ea, chief executive of Singapore's largest container haulage platform, Haulio. In ... Web18 Feb 2024 · The pandemic-driven slowdown in normal circulatory movement of containers, combined with sharply higher volumes, has reduced overall system capacity, … Web5 Jun 2024 · The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, … pioneer woman shirts walmart