Supply Chain Council of European Union | Scceu.org
Transportation

Towering freight rates in container market are not due to blank sailings

The severely over-heated container market with currently towering freight rates, a shortage of containers and booming earnings for container lines is not the result of the companies having blanked sailings to keep prices up.

It is a myth that “nefarious blank sailings” are artificially helping to push up freight rates in the container market to the detriment of shippers and their customers, writes Sea-Intelligence, which has analyzed the numbers.

Related posts

RMC begins construction of Spirit of Tasmania’s LNG-powered vessels

scceu

Global food trade has been upended by a container crisis

scceu

How Will Rising Freight and Container Prices Impact Shipping Rates?

scceu