Forwarders in Australia and New Zealand have that spiralling cargo delays and freight rates will extend well into the new year.
David Aherne, CEO of Across the Ocean Shipping, said “more pain is yet to come”, thanks to upcoming events in China and the potential for more shipping hold-ups.
He explained: “Chinese New Year and the Beijing Winter Olympics are expected to add further pressure to already struggling supply chains, as port …
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Source: The Loadstar