Asia-Europe spot rates head for $20,000 per feu as new China Covid crisis bites
Ocean carriers are rolling out more rate increases next week, with FAK rates from Asia ...
UPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAIN
UPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEALFDX: NEW PARTNERATSG: RIVAL IPODSV: 'AHEAD IN BIDDING FOR SCHENKER'DSV: UNLUCKY FRIDAYSMAERSK: WEAK AGAIN
Waste product exporters out of Europe are likely to be the most affected by the container lines’ decision to halt bookings on the eastbound trade to Asia. Exporters and their forwarders are also experiencing a “chronic” shortage of containers, for which lines blame weak demand from Asia to Europe. But there are also predictions of a “mini-boom” once capacity is restored, in May.
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