Spot Container Freight Rates Rebound Despite Weak Demand

A recent news article published in the Loadstar states that rates rebound as blank voyages strategy starts to pay off for carriers.

Spot container freight rates

Spot container freight rates on the largest deepsea trades rebounded this week, despite continuing weak demand, suggesting recent capacity cuts have begun to reverse months of pricing decline.

According to the Freightos FBX index, Asia-US west coast rates increased 11% week on week, to $2,763 per 40ft, which is around 80% lower than the...

https://mfame.guru/spot-container-freight-rates-rebound-despite-weak-demand/

Container Freight Rates Positive From North Asia to North America

  • Spot container freight rates from North Asia to North America have surpassed those from Southeast Asia to North America in an atypical market situation.
  • For the last several months, prices from Southeast Asia to North America have been higher than those from North Asia.
  • For a variety of reasons including decreased container availability and severe congestion issues at key transshipment ports in Southeast Asia.

A Platts news source by Parisha Tyagi, Baoying Ng and David Lademan brings to light...

https://mfame.guru/container-freight-rates-positive-from-north-asia-to-north-america/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon