Asia-North Europe ocean carriers are looking to hike container shipping rates by up to $500 per teu from 1 July, as space availability begins to tighten with the start of the peak season.
Carriers appear to be adopting a “shock and awe” tactic of a substantial FAK increase rather than gradual smaller rises, knowing they may not get a better opportunity before demand weakens again as the peak season fizzles out.
One carrier source told The Loadstar this …

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Source: The Loadstar