Congestion, Equipment Shortages and Soaring Freight Rates
Dear Valued Client
Compliments of the season to you and your loved ones.
The draconian aftereffects of worldwide lockdowns are being felt in businesses daily. As many industries are working hard to rebuild their businesses.
The carriers and ports are still suffering huge backlogs and equipment shortages. As we head into the finish line that was 2020 and gear up for 2021 and Chinese New Year we are feeling the full impact of the aftermath of the lockdown.
Despite all efforts the continued peak in ocean container demand from China is keeping ports congested, equipment scarce and creating knock on effects on ocean rates. As your freight forwarder, we are facing the battleground daily in the hopes of securing space, rates and equipment for the shipments entrusted to us by you.
Please find below some additional information from reliable freight sources that can hopefully share some more information and shed some light on the daily struggles being faced worldwide.
Symphony Forwarding will continue to do everything within our power to secure your cargo on the soonest available sailings and keep you informed accordingly.
There is no clear indication of when the situation will ease up. We ask for your patience and understanding in these unprecedented times.
https://www.freightnews.co.za/article/november-schedule-reliability-drops-record-low
https://www.freightnews.co.za/article/empty-container-shortages-persist-january
We appreciate your continued support and confirm our full commitment to the task at hand despite all obstacles and curve balls in the current market conditions.