Boxport congestion is setting new record highs, quashing talk of any imminent return to supply chain normalisation.
The containership port congestion index created by UK broker Clarksons hit a new record on July 14, whereby 37.8% of the boxship fleet capacity was at port. This exceeds the previous peak level recorded in late October 2021, and stands well above the pre-covid average of 31.5% recorded between 2016 and 2019.