Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
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By Mike Wackett
Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term rates from Asia to North Europe.
However, spot rate on the transatlantic westbound have tumbled again, with average rates closing in on $1,500 per 40ft.
The latest analysis from John McCown for US container imports in June shows a year-on-year 18.6% reduction in volume, to 1,747,698 teu, at the top 10 US container ports – but that is an improvement on the ...
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