Spot rates still tumbling, with worse to come if carriers return to Suez
The downward spiral of container spot freight pricing accelerated this week, as China begins its ...
ID 182936860 | At © Michael Turner | Dreamstime.com
Over the course of this year’s third-quarter earnings season among liner operators, it became clear that the best performing carriers in terms of profits were those with the highest exposure to spot rates and the transpacific trade.
However, this does not necessarily mean that those carriers have the highest market share on the transpacific. In fact, it is almost the reverse, with the five largest transpacific carriers by deployed capacity – CMA CGM, Maersk, Cosco, ONE and Evergreen – delivering some ...
Comment on this article