Receive FREE Newsletter
Advanced Search
+

News / Another new low for Asia-Europe rates as carrier GRIs again fail to make an impact

default_image
© Khunaspix Dreamstime.
By

In a further worsening development for ocean carriers, their 1 June $800-$1,000 per teu general rate increases (GRI) on Asia-Europe have failed to make any impression on container spot rates.

Hitherto, GRIs could usually be expected to show some short-term gains and at least ‘stop the ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Asia-Europe Rates: the eternal tango SCFI