The shipping industry witnessed, especially in the last months of 2020, freight rates rising to previously unheard of levels. For example, according to the Shanghai Containerized Freight Index (SCFI), the freight rate per TEU reached 1,938.32 dollars on 20 November. The main reason was that, with the reactivation of the Chinese economy since last May and the gradual recovery of other areas of the planet, there.
Since the outbreak of the COVID-19 health crisis, air transport has played a very important role in guaranteeing deliveries and supplies of the most essential goods, especially in the case of pharmaceutical products. As explained here, air logistics, characterised by its reliability and immediacy, has been crucial in this long period of pandemic. One could say that 2020 has marked a before and after in.
Since the outbreak of the COVID-19 health crisis more than a year ago, the consequences on global shipping have been felt. The collapse of the world’s major ports during the first months of the pandemic was followed by a significant rise in ocean freight rates and an increasingly worrying lack of empty equipment (containers) in major transit ports. This is a situation that has already been denounced by.
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