Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
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© Kanison Charicha
| Dreamstime.com
Accused of profiteering in the good (for them) old pandemic days, the major ocean carriers quietly kept counting the dollars, billions, awesomely rewarding shareholders in the peak Covid years up to 2023.
Those exceptional times led to legal battles – often tied to a slew of allegedly unfair surcharges – that so far haven’t cost much but the evergreen feeling remains: the consumer was ripped off.
As we know, transport and logistics costs are usually sunk in the COGS line of the ...
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