Global trade volumes – strategy? WTF
Silver lining sought
ID 141169745 © Mr.siwabud Veerapaisarn | Dreamstime.com
By Mike Wackett
There has been a significant spike in carrier short-term container rate quotes from Asia to North Europe this week, as rollovers become the norm.
According to eeSea data, ocean carriers on the route have withdrawn 28% of their headhaul sailings this month and reports from local agents suggest ships from China are sailing full, resulting in rollovers of non-VIP cargo.
Indeed, a local agent source told The Loadstar MSC had hiked its Shanghai to Felixstowe rate, valid until 30 May, by 20%, to ...
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