USEC dispute end comes too late to stop transpacific spot rate climb
Container spot freight rates on the main east-west trades continued on divergent paths this week, ...
CHRW: UPGRADESZIM: LAGGARDFWRD: LEADING THE REBOUNDMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEAL
CHRW: UPGRADESZIM: LAGGARDFWRD: LEADING THE REBOUNDMAERSK: OPPORTUNISTIC UPGRADETSLA: GETTING OUTDSV: DOWN BELOW KEY LEVELLINE: DOWN TO ALL-TIME LOWS AMZN: DEI HURDLESAAPL: DEI RECOMMENDATIONAAPL: INNOVATIONF: MAKING MONEY IN CHINAMAERSK: THE DAY AFTERDHL: NEW DEAL
So, what exactly is a sustainable container shipping freight rate level? Well, according to Maersk (of course), prices need to rise by between $300 and $500 per box on Asia-Europe to achieve that. Rates need to make it worthwhile for carriers to operate, but the other side of the equation is to limit capacity – which Maersk has done, taking one fifth of its Asia Europe trade out last year.
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