“Textbook” case: Why trans-Pacific container rates continue to fall
Bearish
-58.9
Xeneta: Iran tensions could delay Red Sea return While ocean carriers wrangle with too many ships and too little cargo, continuing weak rates on the Asia-U.S. trade route are starting to show up on other benchmark shipping lanes. “Average spot rates are down this week across all main fronthaul trades out of the Far East,” […]
The post “Textbook” case: Why trans-Pacific container rates continue to fall appeared first on FreightWaves.
The post “Textbook” case: Why trans-Pacific container rates continue to fall appeared first on FreightWaves.
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