Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
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By Alex Lennane
The shipping lines are turning. The members of the (frankly bizarre, in these days of strict and complex antitrust laws) Transpacific Stabilization Agreement have chosen a new set of guidelines rates ? which are higher than previously. The new rates, suggesting an extra $800 to $1,200 per container, may help stem the losses. But what of the shippers?
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