News / A 'carrier-controlled market' as spot rates rise and capacity tightens

10/05/2024

“You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter Sand, Xeneta’s chief analyst, today.

“It has certainly been a mad week,” added a European freight forwarder.

The continuing Red Sea crisis in combination with higher-than-expected demand caught many ...

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