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Container congestion has at best stabilized at a "high plateau"

The congestion problems in terminals throughout both Europe and North America show no signs of material improvement, says Seaintelligence.

Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

Major terminals in Europe and North American continue to struggle with significant congestion caused by a red-hot container market in recent months, says analyst firm Seaintelligence Monday.

Based on data from South Korean container line HMM, the analyst firm finds that there are currently no material signs of improvement of the issues that are so far primarily limited to Europe and North America.

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