Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
It’s hard for the bears to contain their excitement after one the most eventful weeks in a long time in logistics and elsewhere on stock markets, with all the main benchmark indexes in the US logging the worst monthly performance since Covid-19 struck in the first quarter of 2020.
And in early trade today, while Asia tumbled and Europe sagged, with several hot supply chain stocks breaking through or testing key support levels, as a technician would have surely spotted*, the ...
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