Four weeks of gains in spot container freight rates are expected to evaporate as mainline operators continue chasing market share despite weak demand, says an article published on container news website.
Container Freight RatesFour Weeks of Gain, Now Expected to Decline: After four weeks of increasing spot container freight rates, the trend is anticipated to reverse due to carriers pursuing market share in the face of weak demand.
Specific Rate Changes:While Transpacific rates had increased,...
https://mfame.guru/container-freight-rates-stall-after-four-weeks-of-growth/