News / Another week of tumbling spot rates – here come the 'carrot danglers'

Container spot rate indices have recorded another week of double-digit declines for Asia-Europe and transpacific headhaul container rates.

And the market is expecting further contractions in the coming weeks, before a bounce-back later in the year.

Drewry’s WCI Asia-North Europe component fell 10%, to $6,027 per 40ft, ...