SILKRAILS.WORDPRESS.com (GCTL8.com – FocusAsia Media Ltd

FRANKFURT, Jul 14 (FAM) – After steady containerised volume growth over the first six months of 2017, traffic and freight rates on East-West trades are expected to surge as the ocean shipping peak season builds steam in the weeks ahead, according to leading freight forwarding executives.

Robert Reiter, Asia Pacific regional head of ocean freight at Panalpina, told Lloyd’s Loading List he expects final throughput volumes on head-haul liner trades out of Asia to reveal healthy year-on-year growth. And he forecast demand would remain strong through most of Q3 ahead of China’s golden week national holiday which starts on October 2 and traditionally prompts a scramble to load cargo ahead of factory closures.

 

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