Asia-Europe spot rates show first steep decline of the year
With the Lunar New Year rush over, a clearer picture of the global container shipping market’s health is emerging.Spot rates on the Shanghai-Europe trade staged their first sharp drop this year, declining almost 11 percent and falling below $1,000 per 20-foot-equivalent unit for the first time in 10 weeks despite…
Asia-Europe spot rates show first steep decline of the year
Journal of Commerce