News / Rates reflect strong demand bounce and call for more ocean capacity

Photo: HHLA/Thies Rätzke

08/11/2024

Despite generally weak cargo demand, spot rates on the Asia-Europe trades continued to show gains this week, as carrier capacity management combined with port congestion left space at a premium.

Following a series of general rate increases on 1 November and a new round of freight ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber