Cancelled voyages take the sting out of spot rate declines this week
Container freight spot rates maintained their downward trajectory this week, as tariff uncertainty continued to ...
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By Mike Wackett
Asia to east coast South America (ECSA) ocean carriers have had more success driving freight rate gains than those on other routes, according to the latest Drewry analysis.
It says the Asia-ECSA trade operates with just four weekly services on a “streamlined” set-up that allows carriers to respond promptly to swings in supply and demand, thus stabilising rates.
The consultant’s review of the trade comes after The Loadstar reported last week the failure of carriers’ voyage blanking programmes to stem the erosion ...
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