Container spot rates have peaked as all major trades see prices fall
There was more evidence in this week’s container port freight markets that peak prices on ...
© Khunaspix Dreamstime.
By Alex Lennane
The shipping lines are turning. The members of the (frankly bizarre, in these days of strict and complex antitrust laws) Transpacific Stabilization Agreement have chosen a new set of guidelines rates – which are higher than previously. The new rates, suggesting an extra $800 to $1,200 per container, may help stem the losses. But what of the shippers?
Comment on this article