Further to our mail out of 20th October, container volumes remain at extremely high levels. Consequently several carriers have growing backlogs at their respective transhipment hubs throughout Asia. As a result ,most carriers will proceed with the full increase of USD 300 per 20ft and USD…
Most of the carriers have announced their intention to increase rates by USD 300 per 20ft and USD 600 per 40ft with effect from 1st November. We will forward updated rates through closer to this date, once the full impact of this announcement is known. At this stage, it is anticipated that…