News / Freight rate 'contagion' will bring a two-year 'profit bonanza' for ocean carriers

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Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef up profits ahead of the peak season.

After a period of stability, following hikes of up to 200% in the second half of last year, transpacific carriers ...

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  • Gary Ferrulli

    April 30, 2021 at 2:24 pm

    After losing $30. Billion in last 10 years, a welcome result to a capital intensive industry.

  • Peer Borgmann

    May 03, 2021 at 6:39 am

    It´s insane. Fully understand the equipment issues, but nobody can tell me that rates around 14k from Asia to the UK are justified.

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Asia-Mediterranean Asia-North Europe Asia-US east coast FBX Rates: the eternal tango Transpacific Trade