Increasing pressures from carrier consolidation are colliding with acute shortages of refrigerated containers, Drewry analysis indicates REEFER rates are set to skyrocket as the increasing pressures from carrier consolidation collide with acute shortages of reefer containers, according to a new…
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Average freight income per teu grows by 22% to $969, while volume is up 4% to 2.5m teu APL said the first half saw a healthier demand-supply balance, which contributed to improving container freight rates. SINGAPORE-based APL, now part of…
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Rates over the past 12 weeks have doubled to sustainable levels from last year’s record lows Things have turned out better than expected for operators in the reefer sector, where a cocktail of factors have pushed up rates to sustainable…
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