Point Global Logistics News of the Week — 11.12.21
Europe stuck with port bottlenecks until liner reliability improves: Rotterdam
Improved schedule reliability is the first domino that needs to fall before ports in North Europe can overcome the persistent congestion and inland logistics bottlenecks, according to Hans Nagtegaal, director of containers at the Port of Rotterdam.
Source: Journal of Commerce
Transpacific airfreight rates reach new highs
Airfreight rates on the transpacific trade lane have continued to surge since the start of November as peak season demand kicks off and modal shift from ocean continues.
Source: Air Cargo News
California DMV nearly doubles capacity for commercial driving tests
The California Division of Motor Vehicles said Tuesday it is expanding capacity to administer commercial driving tests by increasing weekend hours and shifting examiners from other parts of the state to Southern California, where more truckers are needed to pull containers from backlogged ports.
Source: Freight Waves