Container spot freight rates saw another week of gentle declines across all the major trades, as carriers failed to lift pricing in advance of a series of 1 December general rate increases (GRIs).
There was also no discernible effect from Donald Trump’s announcement that he will seek to impose 25% tariffs on imports from Canada and Mexico, and put a further 10% on Chinese imports.
This week’s World Container Index (WCI) from …
The post Tariff threat makes no waves as spot rates tread water ahead of new GRIs appeared first on The Loadstar.
