Boxport congestion is now back to pre-covid levels according to one UK index. A key lever in the last couple of years of record earnings for liner shipping has disappeared, according to the latest data from Clarksons Research, and reported on the Splash247 website.
Clarksons containership port congestion index closed on Friday at 31.5%, a similar number to the pre-covid (2016 – 2019) average of 31.6%. Friday’s figures represented the lowest daily average since October 2019.
As a provider of international container shipping services, the U-Freight Group, along with all stakeholders, welcomes this news, and hopes the declining congestion levels will help to remove pressure from the freight market and change the the upper hand position that shipping lines have had for the last two years.
The full Spash247 report can be seen here:
https://splash247.com/boxport-congestion-back-to-pre-covid-levels/
You can find more information about the U-Freight Group’s ocean freight services by visiting the relevant pages of this website or speaking to your usual contact in our company.