NewsGood news, and bad news, on the freight rate front for carriers

July 21, 2023by 0

Container spot rates from Asia to the US spiked this week, while carriers managed to halt the decline in short-term rates from Asia to North Europe.
However, spot rate on the transatlantic westbound have tumbled again, with average rates closing in on $1,500 per 40ft.
The latest analysis from John McCown for US container imports in June shows a year-on-year 18.6% reduction in volume, to 1,747,698 teu, at the top 10 US …

The post Good news, and bad news, on the freight rate front for carriers appeared first on The Loadstar.

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