Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting containerlines on course to register improved profits this year, even over 2020’s stellar performance, reports Splash247.
Lengthy ContractsHowever, latest data seen by Splash shows many shippers are baulking at signing lengthy contracts now, willing to wait till the market cools.
“For the Transpacific, we are not quite at record levels, but it is close. In...
https://mfame.guru/containerlines-register-improved-profits-with-rising-ccfi-index/