Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
The arrival of CMA CGM’s 18,000 teu Benjamin Franklin was heralded as a step-change for US container supply chains, marking the beginning of the deployment of ultra-large container vessels (ULCVs) on the transpacific trades, calling at US west coast ports that were previously thought to unable to handle them. The actual maiden call was at APM Terminals’ Pier 400 facility in Los Angeles, and took place last Boxing Day, and involved weeks of planning from terminal management, the carrier and ...
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