Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
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Tomorrow will see container shipping lines look to impose the latest general rate increase on the Asia-North Europe trade, in another effort to swing their finances back towards profitability. Perhaps more importantly, the GRIs could have a significant effect on contract rates for 2014, as this analysis from Drewry illustrates.
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