Reports of space being hard to find for customers that need container transport service from China to Europe have steadily gone down and reports now indicate that the average price for container transport services has gone down for the seventh straight week. Differing reports on the ability of customers to find space is no surprise and this could of course be to different business practices and other factors that have yet to be determined. The important thing for customers is that space is relatively easy to find and rates are coming down. They should probably take advantage of the rates while they can, because this condition isn’t likely to last forever. Providers of container transport services on the other hand will need to control their reactions and keep the ship steady as they head further into 2010. There might be a little glut of shipping capacity at the moment, but this will quickly equalize if the volume of containers that needs to be transported keeps going up in the ports of the world and rates will begin to equalize as well.
If shipping companies just keep a steady course, they should be okay, and then they can take a serious look at the fleet they have idle and make any adjustments they feel might be necessary in their operations. Environmental requirements and economic conditions could mean that the container transport industry will have to invest in a new generation of vessels specifically designed to help them exist in a new shipping world. This could mean many idle vessels will never again travel the shipping lanes of the world and could end up as so much scrap metal.
http://www.ifw-net.com/freightpubs/ifw/ind…tm_medium=email
Tags: container transport, freight, freight forwarders, freight moving, freight shipping, freight transport, heavy haul, moving freight, shipping freight, trucking companies, trucking services, Trucking transport
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