Light the candles and break out the party hats, it could be time to celebrate an end to the bad times in the container transport industry and welcome back the goods times we remember. That’s if you think the latest container transport volumes for February are good enough to celebrate about? According to the European Liner Affairs Association (ELAA) the volume of westbound containers between Asia and Europe went up by over 50 percent in February as compared to the volume of containers reported in February of 2008. Does this mean we’re going to see container volumes continue to go up? This is exactly the question that most people in the container transport industry will be asking themselves after hearing about the increase in container volumes and if you have the answer to this question you could be rich over night and heralded as a genius by history.
The news that the volume of containers being moved between Asia and Europe went up by such a spectacular amount is obviously good news. The real question we’ll all be asking is whether it’s just a blip on the radar screen or something that indicates a true pull back of the recession. The volumes recorded for January and February are apparently comparable to the volumes of containers that were transported in the same months in 2008. What this exactly means for the future is the question?
We certainly should stop for a moment to toast to the improvement in container volumes in January and February, but we should still be wary of a return to the volumes of old in the months ahead. We need to try to keep business rolling forward and get some momentum behind the business of freight in the world, now that the volumes of containers has started to increase and return to the levels of old.
http://www.ifw-net.com/freightpubs/ifw/ind…20017766238.htm
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