Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates
2022-11-16 12:39

Carriers lose pricing discipline with 'unsustainable' ex-Asia freight rates

"Ocean carriers are heavily discounting spot cargo from Asia as ‘top up’ for their much higher paying contract business. But steep rises in bunker prices and skyrocketing operating costs suggest pre-pandemic rate levels are unsustainable in the longer-term." See the original story at The Loadstar.

Source: The Loadstar