Splash Extra

Congestion keeps box rates flying

Astonishing figures are being reported in the opening weeks of 2022.

Congestion continues to plague the container shipping markets. Logistics giant Kuehne & Nagel’s new Global Disruption Indicator shows that global teu days spent waiting was 11.56m on January 19 not far from a peak of around 13m at the end of December. The cycle time for ships going from port A and back to port A remains high. The Flexport Ocean Timelines Indicator, which measures elapsed cargo days from production line to delivery, has expanded from 50 days in 2019 to 110 days in January th...

To continue reading, please login below or subscribe here.


Back to top button