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

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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) ...