Ocean capacity is rising, demand is cooling, and 'the market is starting to turn'
Container spot freight rates on the main east-west ocean trades showed their first decline since ...
Photo: Port of Los Angeles
A declining sales-to-inventory ratio in the US has been one of the key reasons behind the recent volume surge and accompanying spot rate rally on the transpacific trades.
However, while new data from the US Census Bureau for May shows the gap continued to widen that ...
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