News / Spot rates lifted by GRIs, but carriers discount 'to backfill half-empty ships'

dreamstime_xs_163777170
Photo: dreamstime.com
By

Container spot freight rates on the main east-west deepsea trades saw some uplift this week from the 1 November general rate increases (GRIs), although the gains were inconsistent, and some suffered almost immediately from carrier discounting.

The Shanghai-Los Angeles component of Drewry’s World Container Index (WCI) ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Asia-Mediterranean Asia-North Europe Asia-US east coast Rates: the eternal tango Transpacific