Congestion fear as US west coast ports brace for transpacific cargo surge
The demand spike on the transpacific has prompted concerns of congestion and cargo bottlenecks at ...
MSC has announced a new FAK (freight all kinds) rate from Asia to North Europe for 15 December of $2,050 per 40ft, which is at least double the level on offer in the current spot market.
Container spot rates between Asia and North Europe have lost a third of their value already this month, with, for example, Drewry’s WCI North Europe component declining another 6% in the past seven days, for an average of $1,148 per 40ft.
Moreover, carriers’ pricing via their ...
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