New price hikes may slow ocean spot rate slide – but for how long?
Container spot freight rate indices showed some divergence this week, indicating that recent falls in ...
According to the latest McCown Report US west coast ports saw a 22% decline in container imports in April, compared to the record volumes of the previous year, to 812,611 teu, as economic woes and the protracted labour negotiations continued to take a toll on throughput at the Pacific ports.
In fact Gene Seroka, executive director at the Port of Los Angeles said last week that terminals at the port were running at just 70% of their regular capacity, which he ...
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