Asia-Europe February volume up 16pc because of Chinese New Year timing
2012 04 13
- Details
ASIA-EUROPE westbound container traffic increased 15.6 per cent in February to 2.8 million TEU year on year while eastbound volume was up 8.8 per cent to 1.8 million TEU, according to the latest Container Trade Statistics (CTS).
CTS, which collates data from major carriers, said February numbers looked good because of the timing of Chinese New Year's factory shutdown in January last year. The holiday fell in February in 2012.
Transatlantic February volumes increased 10.6 per cent eastbound to 1.2 million TEU while westbound volume went up 21.7 per cent to 1.4 million TEU.
Source Shipping Gazette - Daily Shipping News
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