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Spot rates on critical routes between China, the US and Europe have dropped to levels below carrier break-even. Profits are under severe pressure, says analyst.
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spring contract renegotiation season, industry
Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should…
Mainhaul rates both for reefer containers are easing but remain significantly higher than long-term averages.
China United Lines (CULines) appoints Yang Ming’s former chairman Bronson Hsieh and Wan Hai Lines’ former president Chou Pai-chih