Spot rates surge again as carriers push through fresh July hikes
A series of container freight spot rate hikes and general rate increases implemented on 15 ...
© Nahid Hasan Masud
Freight rates are continuing their downward correction following the premature peak season and front-loading of volumes, leaving shipping lines facing an underwhelming winter.
The Drewry World Container Index (WCI) this week continued its drastic downward trajectory, established in July, reaching $3,216 per feu, demonstrating that Cape ...
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