Subscribe to RSS feedEurope imports decline continues to worsen
Container trade from Europe to Australia shows no signs of recovery, with European Liner Affairs Association (ELAA) data recording a 30% fall in imports in June compared with the same month last year.
Southbound Europe-Australia/Oceania volumes fell to 25,551 teu in June, dragging second quarter trade down by 27% year-on-year.
However, northbound volumes fell only 6% in June to 15,476 teu.
Quarterly trade northbound was 57,241 teu, an 8% fall on the same period in...
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