JOC: MSC's Medlog set to take over US intermodal provider COFC Logistics
JOC reports: “A subsidiary of Mediterranean Shipping Co. (MSC) has agreed in principle to acquire a ...
MSC has announced a new FAK (freight all kinds) rate from Asia to North Europe for 15 December of $2,050 per 40ft, which is at least double the level on offer in the current spot market.
Container spot rates between Asia and North Europe have lost a third of their value already this month, with, for example, Drewry’s WCI North Europe component declining another 6% in the past seven days, for an average of $1,148 per 40ft.
Moreover, carriers’ pricing via their ...
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