NewsSpot rate surge to continue past Golden Week, with surcharges causing more pain

July 5, 2024by 0

Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels, the largest east-west container trades have seen a week of double-digit spot freight rate increases.
After several weeks in which most of the focus was on soaring spot rates on the Asia-Europe trades, this week it was the turn of the Asia-North America trades to post the largest increases.
Drewry’s World Container …

The post Spot rate surge to continue past Golden Week, with surcharges causing more pain appeared first on The Loadstar.

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