Shippers feeling the anxieties from unprecedented trading conditions are hopeful that the flattening spot rate curve after Chinese ministry of transport and the US Federal Maritime Commission interventions will hold, easing what remains of a tumultuous 2020.
Supply chain specialists across the board have been caught out by Covid-19 and the V-shaped rebound in rates resulting from highly effective supply-side measures implemented by shipping lines in response to the pandemic.
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https://container-news.com/pacific-shippers-pray-for-softening-rates/