January 10, 2021 – In a further sign of the unprecedented times that we are in, many forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North America and Europe. And several carriers are reported to have opened first- and second-round tenders with the highest bidders for guaranteed shipment this month. Carriers are inviting offers for available slots on end-January sailings from Shanghai, Ningbo, Qingdao and Yantian. Canaan Transport disagrees with this practice of paying exorbitant amounts for guaranteed space but we will provide all possible options to our customers in order to secure space as required.