Rates reflect strong demand bounce and call for more ocean capacity
Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains ...
© Shao-chun Wang
By Ruben Huber
What a week! The end of 2M announced, the Freightos exit via SPAC, and Mærsk’s killing of quite a range of brand identities. Further, Chinese new year celebrations have come to an end, and the world’s factory and largest exporter is heading back to work.
Since the announcement of 2M’s split, there has been a lot of commentary; the general feeling is that MSC will come out of this in the better position. It’s strong enough and with sufficient scale to ...
Comment on this article