FEFC carriers see 11.4% westbound growth in May

FEFC carriers see 11.4% westbound growth in May Member lines in the Far Eastern Freight Conference in May achieved 11.4 percent year on year container growth in the westbound Asia to Europe/Mediterranean trade.
   The FEFC said today its members' westbound box volume for May was 865,339 TEUs, up from 777,146 TEUs in the same month last year.
   Broken down by region, the monthly Far East-to-North Europe volume was up 11.6 percent to 535,126 TEUs, while the westbound trade to Mediterranean ports improved 11 percent to 330,213 TEUs.
   After five months of 2008, the FEFC members' westbound volume was up 10.4 percent to 4.05 million TEUs.
   Eastbound figures for May are not available yet, but the FEFC did report April's backhaul volume as being up 4.3 percent at 322,480 TEUs. After four months the eastbound volumes were down 1.8 percent at 1.89 million TEUs.