Port congestion is one of those problems that is entirely predictable in the abstract and almost never predictable in the specific. You know it will happen somewhere, eventually, to some trade lane you rely on. You just don’t know exactly when, or which port, or how bad it will get. That uncertainty is exactly why…
The container shipping industry is experiencing extreme challenges and volatility since 2020 and with the gradual withdrawal of the pandemic restrictions in 2022 sea freight forwarders were expecting a semblance of market stability. Nevertheless, the situation unfolding is not very hopeful for the ocean freight industry. The sector is still having to contend with global…
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