Some ocean trades stabilising, but transatlantic rates still falling
Container spot rates from North Europe to the US east coast dipped below $4,000 per ...
Shipping lines are busily trying to keep transpacific spot market rates up, before the start of the next contracting season. From December 1, the Transpacific Stabilization Agreement is recommending increases of $400 per FEU to the US west coast. Think even higher for refrigerated cargo, which is in a “dire” revenue situation.
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