Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
While rates on the transpacific continued to soften, and Asia-Europe trades showed marginal gains, the lift in pricing on the transatlantic, where rates grew earlier in the month, has levelled this week, according to Drewry.
New York-Rotterdam remained flat in the week to 25 April, but slipped 3% to $2,214/feu on the return.
Freightos FBX also recorded broadly flat rates, with North Europe to North America east coast at $1,732/feu.
Piers data quoted by the Journal of Commerce this week shows the ...
Maersk eyes 'cut and run' moves as port congestion brings delays
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
U-turn on de minimis ban, following 'processing issues', as trade war heats up
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
CBP won't be ready for flood of extra processing after de minimis pause
Ecommerce platforms cancel flights and slash capacity – market is 'a mess'
Near-shoring drives Mexican warehouse space to historic lows
Comment on this article