European shippers are preparing for the upcoming contract season with a warning to shipping lines that should they seek to maintain the massive hikes in rates seen over this extraordinary year they will take further action.
Reports of Asia to Europe rates as high as US$10,000/FEU are said to include the various surcharges applicable to freight currently moving on the trades, but James Hookham, Secretary General of the Global Shippers’ Forum (GSF), told Container News, that the European Union...
https://container-news.com/shippers-prepare-for-bruising-asia-europe-contract-season/