Ocean carriers cannot afford to operate services from Asia to Europe at rates which are between 25% and 30% lower than in January. Although the recent collapse of rates was excessive, it will not be reversed until carriers withdraw at least two more loops to North Europe– preferably before the peak season. Last week’s dramatic escalation of the rate war between
Ocean carriers cannot afford to operate services from Asia to Europe at rates which are between 25% and 30% lower than in January. Although the recent collapse of rates was excessive, it will not be reversed until carriers withdraw at least two more loops to North Europe– preferably before the peak season.
Last week’s dramatic escalation of the rate war between
