Container rate rally has more legs than bears assume
Precision needed on what drives box rates
Transpacific ocean carriers are holding on to as much of their Red Sea crisis-induced gains as they can, heading into contract talks with BCOs, shippers and forwarders.
Drewry’s WCI Asia-US west coast container spot rate component was flat this week, at an average rate of $4,754 ...
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Comment on this article
Adrian Pinna
February 17, 2024 at 10:02 pmThis could be short lived as the recent US retail sales numbers do not reflect the same