Return to double-digit spot rate gains looms with new FAK hikes and surcharges
As expected after last week’s surge in spot rate levels, this week saw more modest ...
A bit of straight reporting today from me, trying to connect the dots for a crucial trade development.
Because, with two dedicated Asia-Mexico services set to be launched this month, the container shipping sector* is lining up to handle a surge in volumes into the US’s southern neighbour – most likely on the back of soaring Chinese investment into the country.
(*By way of background, this has been high on our radar for quite some time. Here’s what our Mr Joy bearishly ...
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
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