New shock for importers as shipping lines cut box free-time, despite haulier shortage

Ocean carriers are ramping up the pressure on beleaguered shippers by reducing the amount of import container free-time at North European ports.
Millions of dollars in extra detention and demurrage (D&D) charges at the busiest box hubs will go straight to the balance sheets of carriers’ that currently enjoy billion-dollar profits on a quarterly basis.
Importers already face heavily congested landside operations and a shortage of container haulage right across the Le …

The post New shock for importers as shipping lines cut box free-time, despite haulier shortage appeared first on The Loadstar.

Source: The Loadstar

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