Maritime shipping challenges persist

Reported about 1 year ago

Spot rates for shipping containers from China to North America have reached their highest levels since 2022 and are still rising, indicating supply chain disruptions in the maritime industry. While demand for goods remains stable, capacity issues persist due to factors like the Israel-Hamas conflict affecting shipping routes and causing delays. Service deterioration, rejection rates, and port delays are further complicating the situation, potentially impacting the peak maritime import season in the coming months.

Source: YAHOO

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