Source: Market average rates for 40‘ containers according to www.xeneta.com
Trade Analysis: Transatlantic Westbound
Situation
There have been no significant changes on this trade lane, with demand to North America declining slightly, while demand to Latin America has shown a modest increase. These developments are prompting small adjustments to freight rates in line with overall capacity utilization.
Obstacles
Although blank sailings have been announced for the Christmas season, they should not cause major disruption at the start of the New Year. However, the situation needs to be monitored closely.
Outlook
No significant changes are expected in the coming weeks. The positive trend in Latin American trade is expected to continue, while trade with North America is expected to remain at current levels.
What does a bird have to do with cranes?
- Facts
It’s impossible to think of a world without cranes. Whether used for loading cargo, or in the construction industry – cranes are among the most important man-made mechanical devices.
The CONEX box: a direct precursor of the container
- Facts
Developed by the U.S. Army shortly after the end of World War II, the CONEX box can now be considered the forerunner of today’s conventional containers.
