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News / Shippers pushed towards spot rates as contract negotiations stall

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Photo: © Pavlo Syvak
By

While container spot rates on the Asia-Europe and transpacific tradelanes appear to have reached a nadir, start dates for many new long-term contracts remains uncertain.

Indeed, with contract negotiations stalled and demand weak, shippers, BCOs and NVOCCs are switching a much higher percentage of their business ...

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