Global schedule reliability reaches YTD high
NewsIn May 2024, global schedule reliability rose by 3.8% from April to 55.8% with notable gains on the Asia to NAWC route. May was the best performance yet for 2024, but still 11.0% lower year-on-year.
Sea-Intelligence: Asia-Europe spot could exceed 20,000 US$/FFE
As spot rates continue to skyrocket, Alan Murphy, CEO of Sea-Intelligence, says it will boil down to lowering container demand until it matches available vessel capacity. But the actual level where this happens is not known.
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