According to a LoadStar article written by Mike Wackett, major forwarders are engaged in fierce bidding wars in China, in order to secure equipment and space to North Europe.
And several carriers are reported to have opened first- and second-round tenders with the highest bidders for guaranteed shipment this month.
Bidding War in ChinaAccording to Chinese forwarder contacts, carriers are inviting offers for available slots on end-January sailings from Shanghai, Ningbo, Qingdao and Yantian, with...
https://mfame.guru/asia-europe-rates-to-go-below-10000-over-forwarders-bidding-war/