Yang Ming says shippers taking time to commit to contracts as rates fall
Transpacific contract negotiations with shippers are taking longer as rates are expected to fall sharply, ...
Tomorrow will see container shipping lines look to impose the latest general rate increase on the Asia-North Europe trade, in another effort to swing their finances back towards profitability. Perhaps more importantly, the GRIs could have a significant effect on contract rates for 2014, as this analysis from Drewry illustrates.
Container shipping can see ‘green shoots’ of freight demand recovery
B: China, Brazil strike deal to ditch dollar for trade
Forwarding M&A round-up: plenty of action making smaller headlines
Maersk 'on a journey' as it snaps up frozen foods logistics specialist
Some ocean trades stabilising, but transatlantic rates still falling
Comment on this article