Currently, long-term rates are below spot rates, prompting carriers to limit their capacity for long-term agreements and use peak season surcharges. Almost all vessels are running at full capacity, driving the surge in rates. Keep reading.
Disruptions like port omissions and congestion hinder equipment planning. The tight equipment stock, particularly in North China, varies daily based on vessel arrivals and empty container discharges. The latest supply chain news for June is here.
We delve into key events and trends impacting the logistics sector. From legal actions following maritime incidents to geopolitical tensions affecting trade routes, we cover a range of topics that could have implications for your business operations.