Container spot rates diverge: to Europe still falling, but firmer to the US
A divergence in container spot freight rates between the Asia-Europe and Asia-North America trades emerged ...
CMA CGM has advised its customers that it will withdraw a further peak season headhaul Asia-North Europe voyage as demand continues to disappoint on the key tradelane.
In an advisory yesterday, the French carrier said it was voiding the sailing of its 13,892 teu APL Singapura, which was due to depart from Tianjin on 15 August and Shanghai on 24 August, “due to fluctuations between supply and demand” on the route.
The blanking of the APL Singapura is the fifth by the ...
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