Carriers No More Worried About Contracts, Shippers in Trouble

As Asia-US demand continues to surge, BCOs are struggling to ship contracted cargo and are increasingly turning to NVOCCs to support their fractured supply chains.
Anecdotal reports suggest carriers are finding spurious reasons to refuse the release of equipment at depots in China, in addition to rolling contracted containers without notice.
New York-based Blue Alpha Capital says that imports through the top ten US container ports in October were up 18.8% on the same month of last year, at...