News / Carriers need to cut more capacity for March GRIs to hold

ID 158665740 © Mariusz Bugno | Dreamstime.com

14/02/2025

Container freight spot rates on the major trades continued to slide this week, forcing carriers to prepare price hikes for next month, particularly on the Asia-Europe trades.

In response to weeks of falling spot rates, carriers announced a series of new FAK [freight all kinds] levels ...

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