News / Rate erosion may be easing, but rock-bottom prices are 'not good for anybody'

ONE Machinac Nansha Port China Source ONE

Photo: ONE

17/03/2023

The ’jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe tradelanes, the indices are clearly showing that the rate erosion from the stellar highs of a year ago is beginning to ease.

The average spot rate ...

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