Asia-Europe rates fall after 3 successive increases
Freight rates on the East-West trades declined in February following three consecutive months of price rises, according to Drewry’s online “Container Freight Rate Insight.”…
Box ships levied only partial rate hikes on August 1
Carriers implemented only 3 percent of their general rate increases (GRIs) scheduled for August 1 on the eastbound trans-Pacific trade because of a soft market, according to the latest…
London-based Drewry Maritime Research said the US Federal Maritime Commission (FMC) has identified its container freight rate benchmarks published in the Container Freight Rate Insight as…