Receive FREE Newsletter
Advanced Search
+

News / Tumbling Asia-to-US rates could hamper carriers in contract renewal talks

agreement © Nikolay Antonov
© Nikolay Antonov
By

Container spot rates from Asia to the US are sliding fast, with today’s Shanghai Containerised Freight Index (SCFI) recording a further 10% drop for the US west coast and 7% for east coast ports.

With new annual contract negotiations about to begin in earnest, transpacific carriers ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    2M Alphaliner CMA CGM Maersk Ocean Alliance Rates: the eternal tango SCFI Trade tariffs