Shipping & Logistics

No relief for refrigerated container rates in Q3, but modest decline may come in 2023, analyst says

Cargo owners warned to take more control of their logistics to ensure timely delivery and arrival in the best possible condition.

There is some stabilisation on some reefer trade routes, which may be followed by modest declines through 2023, as cargo owners push back on unsustainable freight rate increases, shipping sector analysts Drewry said.
There is some stabilisation on some reefer trade routes, which may be followed by modest declines through 2023, as cargo owners push back on unsustainable freight rate increases, shipping sector analysts Drewry said.Photo: MSC
Published 17 August 2022, 08:00Updated 3 February 2023, 01:18
Frozen fishMediterranean Shipping Company (MSC)InflationCOVID-19