Transpac GRIs fail to prop up under-pressure container spot freight rates
It was a relatively flat week for pricing on the major deepsea box shipping trades, ...
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 ...
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?