Return of downward pressure on container spot freight rates
Container spot freight rates on the main east-west trades were largely flat this week, after ...
Cathay Pacific Group suffered a “drastic” reduction in cargo volumes last month.
And a drop in volumes and rates ex-Hong Kong could be the result of Beijing’s tighter export controls favouring mainland airports.
Cathay Pacific and Cathay Dragon’s March cargo volumes fell 35.6% to 119,277 tonnes, while ...
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