Widespread blanked sailings stave off major collapse of transpacific rates
Spot rates across all the major east-west deepsea trades continued their downward descent this week, ...
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Hopes that a new round of freight rate rises on the struggling Asia-Europe container trades will be pushed through next week are thinning, The Loadstar has learnt.
Next week will see container shipping lines launch yet another general rate increase on the Asia-North Europe trade as they struggle to remain profitable, but few believe that the rate rises will have any sort of longevity.
“GRIs? Next week? No,” one prominent European sea freight forwarder told The Loadstar. “On the CIF prepaid, a ...
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