News / As CNY and slack season approach, the ocean price-cutting begins

© Donvictorio |conainer ship singapore56317030
© Donvictorio
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Transpacific spot rates declined for the first time in a month this week, as the threat of a US east and Gulf port strike vanished and the opportunity for pre-Chinese New Year (CNY) front-loading ended.

Meanwhile, significant price discounting continued to be seen on the Asia-Europe ...

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    Asia-Mediterranean Asia-North Europe Asia-US east coast Chinese New Year Front-loading Rates: the eternal tango Trade tariffs Transatlantic Transpacific