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Transportation

Asian cargo faces logjams in Europe after Suez blockage

US stimulus money expected to add to surge in global container demand

"We take it that things will not get back to normal before the Chinese New Year holiday in 2022," a logistics company executive says.   © Reuters

HAMBURG, Germany -- Asian shippers are braced for massive congestion in Europe's key cargo gateways following the reopening of the Suez Canal, adding to the delays that the coronavirus has already caused for trade between Asia and the West.

Hundreds of container ships were left waiting when the Ever Given ran aground and blocked the key trade route for six days.

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