Comment / Across the pond – carriers get their act together

Fish
ID 148386392 © Mitaka7219 | Dreamstime.com
By

The fundamentals of demand and supply in the container shipping market have been at work in the transatlantic trade in recent weeks, demonstrating once again how much the market is governed by basic economic laws.

Here comes a bit of healthy reporting today.

While spot freight rates on the transpacific and Asia-Europe trades have been on a long downward slope for weeks now, the Europe-North America routes have been remarkably robust by comparison: last week’s World Container Index (WCI) from Drewry saw ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Calculating Capacity CMA CGM Cosco MSC Transatlantic