Container shipping rates continue to fall, no sign of market bottom yet
So much for the theory that container lines are a nefarious cartel capable of controlling freight prices – spot rates continue to fall more than a year after peaking. “This cliff from which rates have fallen shows that there is more competition in the market than many people feared,” Patrik Berglund, CEO of rate-tracking firm …
Container shipping rates continue to fall, no sign of market bottom yet Read More »