'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption with ships being re-routed via Southern Africa instead of using the much shorter transit via the Suez Canal.
Japanese carrier ONE said today that from 1 January it would introduce an emergency PSS of $500 per teu on the Asia-Europe westbound trade, “in view of continuous strong demand … in order to maintain space provision, equipment supply and product service levels”.
The PSS will be ...
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