Ocean carriers Cosco and CMA CGM will see a larger return than their peers from the transpacific spot rate spike, due to their greater exposure to the trade, according to new Alphaliner analysis.
Since mid-May, container spot rates from Asia to the US, as recorded by the Shanghai Containerized Freight Index (SCFI), have soared by 130% to the US west coast and 82% to US east and Gulf coast ports.
“A breakdown …
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Source: The Loadstar