No relief for container shipping lines as rates on major trades continue to fall
There were further significant falls in spot rates on the key transpacific and Asia-Europe tradelanes ...
© Miguel Figueroa
Anxiety has companies acting early, at least according to The Wall Street Journal. This report suggests a 12% jump in container exports at the ports of Los Angeles and Long Beach is indicative of companies stepping up orders ahead of anticipated new trade restrictions. This of course links to ongoing rhetoric from the US administration of a trade war with China.
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