Ocean carriers are offering significant discounts on Asia exports to the US and Europe as the traditional slack season kicks in.
The discounting and waiving of premium fees for late November and December shipments caused a mini-collapse in container spot rates this week.
According to the Freightos Baltic Exchange (FBX), spot rates from Asia to the US west coast slumped by 26% in the past week, to $13,924 per 40ft, and by …
The post Transpac ocean freight rates come off the boil as carriers ease premium fees appeared first on The Loadstar.
Source: The Loadstar
Be the first to comment on "Transpac ocean freight rates come off the boil as carriers ease premium fees"