Return of downward pressure on container spot freight rates
Container spot freight rates on the main east-west trades were largely flat this week, after ...
In an age where flexible pricing is becoming the norm (Uber, petrol stations, passenger air fares), why does the cargo industry still stick to published rates – and rate increases? That’s the question posed by Mark Grinsted on CargoForwarder. And it’s a good question. As the annual autumn rate hike starts, he notes that in reality, spot rates are “the essence of the business”, and that works well for capacity – which is perishable and very much at the mercy of supply ...
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