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            january 17, 2020

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IRFC 2020

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Asia-Europe box volume surges 13.2pc


Asia-Europe volumes in May posted a 13.2 per cent increase in head-haul year on year to hit 1.4 million TEU, the latest figures from Container Trades Statistics show.
Volume growth for the first five months of the year on the trade lane is eight per cent up on last year, reaching 6.2 million TEU.
May recorded the second largest percentage increase so far this year on the trade lane after the 14.6 per cent increase recorded in March because of a post-Chinese new year-related spike.
Broken down into the sub-sectors that make up the Asia-Europe trade lane, volumes on the Asia to North Europe trade lane were up 14.5 per cent year on year to 884,559 TEU.
Asia to the western Mediterranean and North Africa enjoyed a 16 per cent year on year increase to 247,055 TEU.
From Asia to the eastern Mediterranean and the Black Sea, May's volumes jumped 5.6 per cent to reach 235,413 TEU.

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