Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
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Dreamstime.com
The table is all set for earnings season*, with the two most-followed forwarders boasting major sea (and air) exposure reporting tomorrow after several land-based T&L players from the US disappointed on fundamentals last week.
(*Here’s a preview from 5 July: “US & Europe ’Top 8’ – for whom the earnings bell tolls the hardest”.)
But it is the asset-heavy ocean carriers that spur the imagination, with several pundits suggesting their interims won’t be as bad as feared by the bears. There’s truth in that, ...
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