A major freight forwarding organisation based in Hong Kong says that shipping lines are adopting the short-term strategy of ‘rolling-over’ cargo, to the long term detriment of the industry. ‘Rolling over means rejecting a container which has already been booked on the ship, in favour of a customer who is willing to pay a higher ‘spot rate’. This makes shipping costs unpredictable, and transit times unreliable, as a container which has been rejected will be left lying on the quay until the next ship is ready to leave. Shipping volumes from the the Far East are undergoing a seasonal surge as European warehouses re-stock, but this does not mean that volumes will continue to recover from this point on.
Testimonials
air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine
Shipping lines think short-term
