Container Trade Accelerates as Rates Continue to Climb

Container Trade Accelerates as Rates Continue to Climb

Despite the Container market taking a significant hit from the impacts of Covid-19, rates have bounced back with a vengeance reaching extraordinary record highs of 54,000 USD/day in April. An impressive 350% increase since June 2020. Olivia Watkins, Head Cargo Analyst, delves into the effect on cargo miles, increasing speeds and the forecast for the market as demand continues to grow.

“Container speeds and container rates have both been...

https://allaboutshipping.co.uk/2021/05/07/container-trade-accelerates-as-rates-continue-to-climb/

Spot the mistakes

Nick Coverdale from Agreefreight.com on where carriers are getting it wrong in their spot offerings. Years ago I was asked how do container carriers calculate a freight rate. The answer is simple: ’they don’t, it’s based on what they can get and that’s what we’re seeing today but the frustration is...

https://splash247.com/spot-the-mistakes/

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