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 ...
By Mike Wackett
Despite warnings of uncertain times ahead for demand, ocean carriers plan to add around 10% more capacity to the Asia-North Europe route this year.
According to the latest Alphaliner analysis, with the addition of one new loop and the upsizing of other vessels, weekly capacity on the tradelane will surge by 28,000 teu to a weekly average of 300,000 teu from March.
This will add downward pressure on freight rates at the wrong time of the year: the post-Chinese New Year (CNY) ...
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