Rates climb on early peak season and capacity stretched thin

Carrier adjustments due to Red Sea diversions – the use of more vessels travelling at faster speeds, together with heavier reliance on transshipment – for the most part succeeded in keeping containers moving on schedule through March and April.

But alongside the success were gradual signs that carriers were falling behind: pockets of congestion, increases in port omissions, delays and missed departures, and a decrease in empty equipment at export hubs.

With demand stable, in those months carriers...

https://container-news.com/rates-climb-on-early-peak-season-and-capacity-stretched-thin/

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