Spot freight rates on every major container lane continued to tumble over the past week as demand remained flat, while a possible short-term pre-Golden Week upsurge has so far failed to materialise.
Golden Week begins on 1 October and the week-long public holiday sees work stop across the country – in previous years there has often been a spike in demand over the fortnight before it begins.
However, it would appear shippers …
The post Ocean freight rates continue to tumble as peak comes to an early end appeared first on The Loadstar.