Changes on key transpacific trades as alliance services are reshuffled
Notwithstanding the ramifications of the new tariffs in the US this week, container carriers have ...
The ’drip-drip’ erosion of container spot rates on the transpacific and Asia-Europe tradelanes since the Chinese New Year stopped this week as a raft of ocean carrier blank sailings tightened supply.
However, regulators are watching the behaviour of the container lines with increasing scrutiny for any evidence of unfair practices.
Asia-North Europe spot indices readings were more or less flat, remaining in the region of $10,000 per teu, but forwarders reported to The Loadstar that their short-term deals had been withdrawn.
Indeed, one ...
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Comment on this article
Jon Smith
May 20, 2022 at 1:53 pmRates are much lower, you can get close to $ 8000.00 on spot. The big bcos are at $ 6k.
110% profiteering, no sympathy when the boot will be on the other foot.
China just cut its interest rate today due to crumble growth? I wonder why this was?