White House moves create yet more stormy water on the transpacific
The 90-day tariff moratorium on US imports, except those from China, have failed to keep ...
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By Mike Wackett
Asia-Europe spot rates on the Shanghai Containerized Freight Index finally showed some overdue traction last week, jumping $310 per teu to North Europe (to $1,416) and by $133 per teu to $1,700 for Mediterranean destinations.
With the crucial peak season about to begin, ocean carriers desperately need the July general rate increases to stick in order to recover some of the losses incurred in the first half of the year, but it seems they are confused about the amount and the ...
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