The TRA has issued another warning to tyre retailers and others that shipping container rates will continue to remain high into the foreseeable future.
Shipping Rates Increasing
Bankruptcies and aggressive capacity cutbacks by shipping companies mean that forward shipping rates are up to four times higher than a year ago.
Containers are used to move 90% of the world’s manufactured goods and many more items. Up to 25% of the UK’s annual tyre arisings are containerised for shipment to Asia and elsewhere to be used primarily as tyre-derived fuel.
The TRA has voiced its concern that irresp...
Shipping Rates Increasing
Bankruptcies and aggressive capacity cutbacks by shipping companies mean that forward shipping rates are up to four times higher than a year ago.
Containers are used to move 90% of the world’s manufactured goods and many more items. Up to 25% of the UK’s annual tyre arisings are containerised for shipment to Asia and elsewhere to be used primarily as tyre-derived fuel.
The TRA has voiced its concern that irresp...
