Shippers must brace themselves for at least two more years of elevated freight rates and tight supply, according to Drewry, reports the loadstar.
Increase About 23%The maritime consultant predicts average rates – a blend of spot, contract, backhaul and regional trade rates – will increase about 23% this year; but for some headhaul routes, it said, the hike would be “substantially higher”.
During Drewry’s Container Shipping Outlook webinar today, senior manager for container research Simon Heaney...
https://mfame.guru/no-relief-in-elevated-freight-rates-for-at-least-two-more-years/