Asia-Europe spot rates slip ahead of China’s Golden Week shutdown
Even the immediate withdrawal of 150,000 twenty-foot-equivalent units of capacity on the Asia-Mediterranean trade after the bankruptcy of Hanjin Shipping could not lift rates for a sustained period of time.Spot freight rates on the Asia to North Europe and the Mediterranean trades continued their slide down from a brief Hanjin-induced…
Asia-Europe spot rates slip ahead of China’s Golden Week shutdown
Journal of Commerce