Improving freight rates on the main east-west container tradelanes may offer some comfort to embattled ocean carriers reporting disappointing first-half results.
The latest Container Shipping Forecaster from Maritime Strategies International (MSI) does not expect a repeat of last year, when mainline spot rates had reached their pinnacle by week 30 and then declined during the peak season.
MSI says it expects 2018 to “avoid this trend” and is predicting peak season transpacific rates to reach some 10-15% …
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Source: The Loadstar
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