K+N’s Otto Schacht predicts new era of sustained profitability for container lines
Carriers are not to blame for sky-high freight rates that have been driven up by shippers and forwarders, the head of sea logistics at Kuehne+Nagel tells Lloyd’s List in the weekly podcast
Amid complaints from cargo interests about lack of ship capacity, Schacht says lines are doing whatever they can to provide enough space, by chartering ships and buying more container equipment, but nevertheless demand continues to outstrip supply, with the inevitable impact on transport costs
If content does not display, please refresh your browser.
Not ready to subscribe? Sign up for free articles and daily news updates.
Sign Up For Updates