Container shipping spot freight rates on the chief east-west trades turned a corner this week, with near double-digit gains on the transpacific and ;Asia-North Europe headhaul legs.
After the best part of a year in the rate doldrums, transpacific carriers were finally delivered some pre-Christmas cheer as the Asia-US west coast spot rate rose 9.7% on last week to end the week on $1,183 per feu.
A similar rise was seen on routes …
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Source: The Loadstar
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