Container shipping bottlenecks are creating winners and losers in reefer cargo, with consumers footing the bill for the increased logistics costs.
According to Drewry, average reefer freight rates jumped 32% in Q2, and are on track for a 50% increase by the end of Q3.
Increases on the major east-west tradelanes were particularly strong, Drewry noted, where available capacity has seen record demand in recent months, and reefer shippers have to compete …
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Source: The Loadstar