He says carriers are still changing routes, and higher costs are being passed on to consumers.
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Red Sea shipping diversions may last a few more months due to Houthi pirate attacks says Hapag-Lloyd CEO Rolf Habben Jansen.
He says carriers are still changing routes, and higher costs are being passed on to consumers.
The continuing upward trend in the volume of transit freight transported along the China-Europe-China route reflects the recovery of traffic and the return of shippers to continental routes.
The China-Europe freight rail service achieved a remarkable milestone on May 25 by completing its 90,000th journey