Near-record transpac spot rate surge a 'harbinger of instability', says Sea-Intelligence
A sharp increase in container spot rates on the major east-west trades has propelled freight ...
Freight markets are expected to soften – not least because of high inventory levels.
According to data from the US Census Bureau, retail inventories are on the rise. In fact, according to Sea-Intelligence, November inventory reached $30.2bn higher than the norm.
“The upward spike in July-August 2024 ...
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