East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Ocean carriers are ramping up their efforts to halt the relentless erosion of container spot rates by blanking more sailings from Asia, but shippers claim they are becoming like tramp operators in the process.
But there is some evidence that export space is now tightening: reports to The Loadstar recently have indicated that some carriers are putting out full signals for ships sailing before the Chinese New Year holiday next month.
Hitherto, ships not blanked have been departing from Asia for North ...
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