Xenetal

Capacity imbalance sees boxshipping tilt to buyers’ market

Major disruptions in the container shipping market have conspired to bolster flagging rates, but the same market fundamentals seen a year ago apply today as shippers contemplate a cheaper 2025 and carriers face a bruising.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!

Remember Me
Don't have an account? Register

Mary Anne Evans
Correspondent at Large


jQuery(document).ready(function(){...

https://container-news.com/capacity-imbalance-sees-boxshipping-tilt-to-buyers-market/

Mexico can be US West Coast alternative as volumes soar

An anomaly has arisen in container shipping data as US West Coast imports from Asia saw rates falling on fears of a US recession, while US dockers’ strikes on the East Coast and the election have raised fears of further disruption.

Xeneta chief analyst Peter Sand, however, considers Mexico a viable alternative for US imports, claiming that Mexican ports have already shown they can handle the increased demand, with China volumes increasing 30% year-on-year.

“Mexico effectively takes some risk off...

https://container-news.com/mexico-can-be-us-west-coast-alternative-as-volumes-soar/