Carriers may have 'overshot' on capacity and will need to blank more sailings
Container spot freight rates on the main export routes out of China continued to fall ...
By Mr Joy
You will pay tomorrow*.
And in the meantime…
Bananas
We have been covering the surging costs of ocean freight for a year or so now. Yes, it’s over a year already.
But as a logistician, acknowledging the almost daily spot market price increases has been akin to watching hyperinflation decimating a banana republic economy.
We are not there (yet) but the inevitable escalating cost tied to shipping products around the world is about to have a double whammy not just on your company’s bottom line, ...
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