Liners plan more rate hikes to halt renewed container spot rates decline
After last week’s hiatus, container spot freight rates on the Asia-Europe trades resumed their downward ...
We are all very interested to see what the exact impact of an expanded Panama Canal will have on trade flows, particularly those into and out of the US, and what role its sometimes-troubled west coast ports will play in the country’s container supply chains of the future. Predictions have varied and several factors remain unknown: the response of the Suez Canal, which currently handles most Asia-US east coast services; the response of west coast ports themselves, which are increasing productivity ...
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