'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Major Chinese export markets are showing signs of a recovery after the steep post-Golden Week holiday decline, led by a rebound in demand for intra-Asia services, according to the latest Asia-Pacific market update from Maersk.
Nevertheless, the “new normal” could see Maersk and its liner peers forced to make radical changes to their networks, as they adapt services to meet a short-to-longer-term reduction in demand.
Maersk said the global economic outlook appeared to be deteriorating against a background of slowing growth and ...
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