Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term rates from Asia to North Europe.
However, spot rate on the transatlantic westbound have tumbled again, with average rates closing in on $1,500 per 40ft.
The latest ...
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