Posted on July 12, 2021

The international transport industry fears that shipping capacity has almost reached its limit on the global stage. Shippers and importers are continuing to brave exorbitant rates and ever-increasing shortage of capacity.

The unprecedented Suez Canal blockage has made the Asia-Europe shipping siutation worse. Rates continue to approach unsustainable levels on Asia-Europe routes, which is causing problems for the freight’s movers and end consumers.

The same scene applies on the Atlantic, where rates increased substantially.

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