Dismal rates picture means choppy water ahead for carriers and shippers
Container spot freight rates on the major east-west trades were barely unchanged for yet another ...
Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates, effective from 1 November, which are double the level currently on offer via the spot market.
Hapag-Lloyd led the way on Monday raising its Asia-North Europe 40ft FAK ...
Comment on this article
Marc Greenberg
October 06, 2023 at 2:13 pmSimply put, and I have been saying this for years….Carriers need to change their behavior and not allow rates to go below their costs – no matter what! The current behavior is simply not sustainable. With new capacity continuing to stream out if the behavior does’nt change we will be looking for the next Hanjin debacle.