Ocean spots and demand hold steady, but waves may be building
Container freight spot rates on the transpacific and Asia-Europe trades showed moderate gains this week, ...
Covering the recent portfolio of liner shipping results soon descended into an exercise in tedious repetition.
Carrier after carrier reported booming profit levels on the back of strong volumes and high spot rates seen last year.
At times the only real differential was how many volumes each line carried last year, and how that compared to global market growth of 6%. Volume growth above that level and the carrier won market share, and vice versa if volumes were lower.
Margins were strong in ...
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