Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
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Dreamstime.com
By Ruben Huber
A one-off on Germany’s Hapag-Lloyd from me today, and my updated worksheet below (click to expand it) – in a nutshell, following the release of Q3 23 numbers by the German carrier yesterday, 9 November… Mærsk looks even worse now.
A step backwards first.
Latest CTS numbers are now clear for the first nine months. Thus, we have a growth benchmark for global container volumes of -1.7% that any carrier growing market share should have beaten.
The ...
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