Box lines reduce Asia-Europe rates ahead of alliance restructure

Capt. John

LINER operators are discounting Asia-Europe freight rates for the first two weeks of January, as they fight for market share ahead of the reshuffling of container shipping alliances in February. On December 27, 2024, the Shanghai-North Europe rate gained just 0.5 per cent from the previous week to close at US$2,962/TEU, after declining for the previous three weeks. Consultancy Linerlytica observed that spot rates for the first two weeks of 2025 remain very volatile with initial hikes followed...

https://www.seanews.com.tr/box-lines-reduce-asia-europe-rates-ahead-of-alliance-restructure/202271/

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