Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'
The ‘jury is out’ on whether container spot rates have bottomed-out, but on the key ...
(If you missed Part 1, please click here.)
As soon as Flexport touched base with us on Tuesday 14 March, Premium issued a note at the top of the website’s home page (rather than only on the Premium page, as usual). That was headed: ’We have no active accounts with SVB, Signature Bank or Silvergate Bank’ – from which Petersen sourced his post, without disclosing either the headline or the comment from his own flak.
And I also shared the update on LinkedIn with ...
The 'mother of all BAFs' looms for shippers as green targets advance
First shipper uses new land-air corridor ex-India for Bangladesh exports
Maersk idles more ships while NOOs see a rebound in demand
Container shipping can see ‘green shoots’ of freight demand recovery
Forwarding M&A round-up: plenty of action making smaller headlines
Shippers advised to give strike-hit port of Hamburg a miss
Some ocean trades stabilising, but transatlantic rates still falling
Retailers warn of challenging orderbooks amid continued high inventory
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