Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
From a container supply chain perspective, the effect from this morning’s incident will probably not be as dramatic as Baltimore’s bridge collapse itself – although it does leave carriers and east coast importers with potential headaches.
Baltimore handles around 1.1m teu a year which, as Verspucci Maritime’s Lars Jensen calculates, is equivalent to 21,000 teu a week that will need to find alternative gateways. And while it may not be the largest in terms of container numbers, the port does have ...
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