Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
While there are few signs of a peak season developing on the Asia-Europe westbound trade as overall volumes remain flat, there appears to be something of a mini-peak under way with reports of carriers rolling over export cargo due to be loaded on container vessels departing China.
According to The Loadstar’s sources, boxes have been building up at ports such as Yantian, where Maersk is understood to have built up a back-log of up to 4,000 containers as a combination of ...
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