Freight rates will fall by 70% in the coming year according to Linerlytica, but Xeneta claim
that for such a decrease to occur it would mean that the Suez Canal has reopened and that
There is massive over-capacity, according to Container News.
Consultancy Linerlytica said today it expects freight rates to fall by 70% over the next 12
months, as carriers have failed to prevent the slide in rates seen since July according to
statistics from the Shanghai Container Freight Index (SCFI).
Co...
https://mfame.guru/freight-rates-to-drop-70-amid-overcapacity/