’Twas the night before Christmas and all though Shenzhen, not a container was stirring; they’d been “rolled” yet again.
This is the holiday “shipageddon” fear for ocean shippers. Amid heavy rolling — delays of loadings until subsequent voyages — can all those flat-screens, Pelotons, laptops, webcams, sneakers and toys make it from China to America in time?
The latest stats reveal a trans-Pacific trade that’s largely maxed out just seven weeks before Christmas.
Rates still holding firm at peak...
https://www.freightwaves.com/news/container-sector-scrambles-to-avert-holiday-shipageddon