'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Ocean carriers are continuing with their “cautious” approach to capacity management, announcing a new series of blanked sailings in October.
Both the 2M and THE alliances have withdrawn headhaul capacity in weeks 40 to 44 to mitigate expected reduced demand due to the Chinese Golden Week holiday, the first week of next month.
Alphaliner said that, notwithstanding that September “will be a strong month for the carriers”, their decision to avoid overcapacity in October proved they had “mastered the art of fine-tuning ...
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'More pronounced' demand slump drives container spot freight rate declines
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