'Rollercoaster' Asia to NAWC capacity is increasingly unstable
The Transpacific market is “a rollercoaster ride” according to one major carrier, and data indicates ...
Shippers with sizeable volumes shipped under annual contracts should already be opening negotiations with their carriers for 2020, according to Drewry Supply Chain Advisers.
The reason is the continuing weakness of freight rates on the transpacific and Asia-North Europe container trades, said the analyst.
It noted that ...
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Comment on this article
John Lu
October 15, 2019 at 6:54 pmAre there any large volume shippers that have confirmed that carriers have been willing to oblige to opening up the contract talks for 2020? I would think not …