NewsCarriers may have ‘overshot’ on capacity and will need to blank more sailings

October 25, 2024by 0

Container spot freight rates on the main export routes out of China continued to fall this week, with declines seen on both the transpacific and Asia-Europe trades.
The trend of declining spot freight rates was bucked, however, on the transatlantic, where Drewry’s World Container Index (WCI) recorded a 28% week-on-week increase, to $2,663 per 40ft, on its Rotterdam-New York leg.
And the backhaul New York-Rotterdam leg price rose 4%, to $761 per …

The post Carriers may have ‘overshot’ on capacity and will need to blank more sailings appeared first on The Loadstar.

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