Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
“You take away all sense and rationale. And whatever is left, is the container shipping market,” said Peter Sand, Xeneta’s chief analyst, today.
“It has certainly been a mad week,” added a European freight forwarder.
The continuing Red Sea crisis in combination with higher-than-expected demand caught many ...
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