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 ...
Many moons ago, I knew a drug dealer called Big Paulie who once, before being caught smuggling a kilo of coke to a local guy – serving the other local guys who served other local guys – used to repeat that flawless supply and demand equilibrium for the goods he sold was a wonderful concept.
That held true only if all those who depended on the trade – however asset heavy or light the dealers – understood the massive collateral damage ...
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