Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
Container spot rates between Asia and Europe took a pause today after last week’s surge, tracking down slightly.
However, the foundations appear to have been laid for contract rate increases during the weeks of negotiation in advance of 2017.
The Shanghai Containerized Freight Index (SCFI) recorded a drop of 4.7% for North Europe spot rates to $913 per teu, and a decline of 6.3% for Mediterranean ports to $738 per teu.
At the Maersk Group third quarter results presentation on Wednesday, chief executive ...
Keep our news independent, by supporting The Loadstar
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
Ecommerce likely the front-runner in resurge of transpacific trade after deal
China-US trade tariff pause could drive a rebound for transpacific rates
Shippers should check out the 'small print' in China-US tariff cuts
Service chaos from trade ban with India a problem for Pakistan shippers
Carriers impose 'emergency operation' surcharges on Pakistan cargo
15% rebate for box ships as Suez Canal Authority woos carriers
Comment on this article