Container rates from Asia on the slide…

Container rates from Asia on the slide…

As we have informed before, the carriers are trying to fill the ships by offering lower rates, as well as blanking out sailings. Those actions are in hope to stop rate slippage as well as create the supply shortage of space, forcing shippers to accept higher rates for timely sailings. 2 articles under below links describe the situation quite well. Happy reading!

Article 1

Article 2

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