Long-term box rates begin to follow the trend set by the spot market

Capt. John

Long-term box freight rates continue to climb but are finally showing signs of coming under pressure. Data from online platform shows that long-term rates increased 4.1% in August, standing 121.2% higher than this time last year. “[D]espite softening spot rates, uneven demand and on-going supply...

https://splash247.com/long-term-box-rates-begin-to-follow-the-trend-set-by-the-spot-market/

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