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title
When will freight rates return to ‘normal’? - Metro
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Date: 29.04.2021 When will freight rates return to ‘normal’? The leading container shipping lines are releasing their Q1 2021 operational statements, which show a sharp increase in freight rates compared to Q4 2020 reports. Not only in the sense that rates are increasing, but the pace at which the rates increase is also accelerating, but when will the increases slow and eventually reverse? Global freight rates are up around 60% year-on-year, versus an increase of 22% in Q4 of 2020, with Asia/Europe increasing of 120% year-on-year with an increase of 33% year-on-year in Q4 2020. Looking short-term, over the next 2-3 months, we will continue to see bottleneck problems, with disruption, capacity shorta...
author
Paul Kelly
updated
1767065577
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