Tariff threat makes no waves as spot rates tread water ahead of new GRIs
Container spot freight rates saw another week of gentle declines across all the major trades, ...
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Shipping lines met with very limited success in achieving the planned general rate increases in August on the key trade between Asia and North America, according to shipping and supply chain consultancy Drewry. A key factor is sluggish demand combined with continuing overcapacity, pointing to a weak peak season.
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