Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
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Shipping lines met with very limited success in achieving the planned general rate increases in August on the key trade between Asia and North America, according to shipping and supply chain consultancy Drewry. A key factor is sluggish demand combined with continuing overcapacity, pointing to a weak peak season.
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