Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
Ocean carriers are imposing emergency peak season surcharges (PSSs) as global supply chains face weeks of disruption with ships being re-routed via Southern Africa instead of using the much shorter transit via the Suez Canal.
Japanese carrier ONE said today that from 1 January it would ...
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