Port congestion and other logistical bottlenecks that are delaying container ship services and keeping freight rates elevated are likely to last until the end of the second-quarter, German shipowner Hapag-Lloyd’s North America President Uffe Ostergaard said on Feb. 4. Congestion at US ports will get worse in the months ahead before it gets better, Ostergaard …
The post Trans-Pacific container bottlenecks likely to last until end of Q2: Hapag-Lloyd first appeared on Hellenic Shipping News Worldwide.