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 ...
… I guess you know what that strategy entails, but if you don’t, for a 1.0 lesson please click here.
In short, it’s not for the fainthearted.
But
There are signs that Brazil’s Wilson Sons will soon be sold, with its owners benefiting from a divestment whose value, however, since we wrote this on 27 June at near-peak Wilson Sons*, has fallen considerably for the diversified towage unit they own via a majority stake.
(*From the stats section of the FT, slightly edited: Wilson Sons, PORT3: ...
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