Expanding supply to put brakes on rates

A rise in container capacity will halt the increase in freight on the major east-west trades
according to Drewry’s latest tool, the Container Capacity Insight (CCI), launched on 20  February.

A surge of 8% month-on-month across all three major east/west trades from February to
March this year can be broken down into a surge in capacity of 11% from Asia to west coast North America and a contraction of 14% from South Asia to North Europe.

The CCI shows Atlantic rates surging 10% this week, but...

https://container-news.com/expanding-supply-to-put-brakes-on-rates/

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