Newsweek #38: Fostering the Growth

From the New Silk Road to the serpentine ribbons thrown over Europe with the outpost in Hamburg, China is on the way to strengthening its presence in the EU as the situation in other directions is not getting any better. Numerous ships are still gathering at California’s ports and the Shanghai Airports is experiences difficulties, which all add to the worsening of the capacity shortage. Space on the vessels has become the new gold and shippers are going to do whatever it takes to get their cargo delivered. The hunt for the better alternative forces more companies to charter their own vessels, but is the smoke worth the fire? Carrier rates’ dynamic is too unpredictable to make any predictions: so far, it looks like it has reached the plateau but there is no guarantee that the existing challenges will not drive the rates further up.  

The green debates continue with rail being on the front page. Countries have come to the conclusion to set the year 2050 as the deadline for the achievement of the emissions-free sector. The UK builds ambitious plans of almost becoming the forwarder of the new industrial revolution while still being unable to solve its troublesome issue with drivers shortage. Apart from the US where shippers at least try to run their truck fleets, the UK can barely offer any alternative. As usual, MAXMODAL stays on the lookout for the updates and delivers the in-depth analysis. Sign up now.