Blank sailings, escalating freight rates and a shortage of equipment continue to hobble European exporters.
Shippers to Asia and the US are facing lengthy delays and uncertainty for container bookings as the knock-on effect of short-notice carrier blanking programmes plays havoc with supply chains.
As a consequence, rates have soared, particularly to Asia where they have doubled in the past year, and in some instances are being increased after containers have been …
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Source: The Loadstar