Container rates are still going through the roof. That does not cause entrepreneurs to slam on the brakes. Quite the contrary. In fact, a record 800,000 teu of containers were shipped from China to northern Europe in June, making this month the busiest ever on this trade! According to Norwegian freight platform Xeneta, which relies on data from UK analyst Container Trade Statistics, this marks the peak.
Peter Sand, Chief Analyst at Xeneta: 'The conflict in the Red Sea has caused a major shift in the traditional seasonality of maritime supply chains, with anxious shippers trying to import as many goods as possible earlier in the year. Shippers have assessed the impact of the Red Sea conflict on maritime supply chains and are unwilling to risk repeating the chaos of pandemic years. This means we have seen record-breaking volumes on key fronthaul routes from China ahead of the traditional peak season in the third quarter.'
Source: Nieuwsblad Transport
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