Container Freight Demand To Remain Buoyant Amid Surging Rates

  • Container freight demand to escalate throughout the Lunar New Year.
  • A delay in the return of containers to dockside in the US and Europe in Q2 2020 led to equipment shortages.
  • The global economy is expected to recover amid the COVID vaccine administration.

Demand for container freight looks set to remain at very high levels throughout the Lunar New Year, with freight rates from North Asia to the UK at all-time highs as volumes continue to rise, reports Platts.

Soaring freight rates


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