Historically strong Asia-U.S. container demand has fluctuated since mid-September. The numbers change from week to week and month to month. It’s not as if trans-Pacific demand hit a peak 10 weeks ago and froze in place.
The strange thing is that spot index rates did exactly that.
Rates differ slightly based upon which source you look at, whether it’s the Shanghai Containerized Freight Index (SCFI), Freightos or Drewry’s. But the pattern is the same.
As of Monday, the Freightos Baltic Daily Index...
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