East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
As lockdown measures ease around of the world, trading has picked up, resulting in more containers being shipped and prompting some carriers to increase rates and ’un-blank’ some sailings.
These first steps towards recovery of the market, however, are tentative, with much uncertainty as to how long shops will remain open in the event of a second spike in infections and the subsequent re-imposition of restrictions.
Despite this, supply chains have been reopened and volumes are starting to increase on key head ...
Outlook for container shipping 'more uncertain now than at the onset of Covid'
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