Trans-Pacific container freight rates up 184%
date:Nov 13, 2020
In the past three months, freight rates for container liners have continued to climb and warehouse shortages have become prevalent. Against the backdrop of a limited shipping capacity, in addition to skyrocketing shipping freights costs and difficulty in booking available containers, during the peak freight season, cargo owners were frequently informed that the containers that they booked on popular routes were no longer available. So, how long will this situation continue? Experts say it won't
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