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 ...
Port of Rotterdam ECT. © VanderWolfImages Dreamstime.com.
UPDATED: to included new Xeneta Asia-Europe freight rate data
For the first time since the beginning of this year it is now more expensive to ship a 40ft container from Asia to North Europe than to the North American west coast, as container spot freight rates ...
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