Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
Forget the nitty-gritty details and percentages and follow the flow today: if you paid attention to the news of the MSC/Mærsk break-up yesterday you’ll surely have noticed that one sinking ship, Mærsk’s, sank all the others on Gloomy Wednesday 25 January.
Cracks
It wasn’t nice watching Israel’s ZIM trading on the US market – on no other value-moving news whatsoever – and hitting an intraday low of $17.58 (-5.4% against its previous closing level). The worst of all in early trade on ...
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