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.
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.