Rate rises loom as port congestion hits four-year high

Congestion in container ports has crept up to a four-year high, with nearly 3.7m teu, or 11% of the global fleet, currently tied up awaiting berths. Linerlytica’s report this week shows North Asia’s ports are the most congested, accounting for 38% of global congestion, followed by gateways in North Europe (13%), and those in South-east Asia, the Mediterranean, and Africa all on 9%. “Congesti Read full article →