Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
Supply chain bottlenecks – largely due to the Red Sea attacks and Panama Canal restrictions –and expectations of high seasonal demand have seen ocean freight rates rise – but industry stakeholders believe they could fall after the pre-Chinese New Year rush.
In a recent Drewry briefing, ...
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