- Ocean carriers are taking advantage of some of the best rates in three months.
- They are deferring contract cargo in favor of spot freight as shippers try to book space ahead.
- Spot ocean freight on the main Asia-U.S. West Coast trade lane is running $1,557 per forty-foot equivalent unit (FEU).
- From a mid-January high of $1,600 per FEU, the index is at one of its best levels since October.
According to an article published in Freight waves, an increasing number of canceled sailings between Asia...
http://mfame.guru/why-are-shippers-deferring-contract-cargoes/
