Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
Container spot freight rates on the main east-west trades largely flatlined this week as excess capacity and uneven demand failed to further spur recent pricing increases by carriers.
This week’s World Container Index (WCI) from Drewry showed spot rates on the transpacific and Asia-Europe trades appeared ...
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