Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
It was several moons ago when I wrote, ’CMA CGM + Ceva + Geodis – the endgame’, sharing a meme that summed up the situation in March 2019: “You might as well get comfortable, folks, looks like we’re gonna be here a while.”
That came some time after CMA CGM successfully completed its public tender “offer to acquire Ceva and confirms its position as a leading worldwide transport and logistics group”.
Ever since, there were times that scenario had been binned. Those times have ...
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