Outlook 2024: container surplus and China +1 keep affecting transport
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…
Rail-sea rate competition to intensify even more in the coming years
Sea shipping rates reached a new low last week, according to Drewry’s World Container Index, which saw a 2 per cent decrease to 1,342 US…
‘The idea of the New Silk Road should be rebuilt’
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,…
Container 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,…
Suez blockage ‘only aggravated’ container imbalance in EU ports
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…