Sharp rise in Asia-Europe spot rates as Nov. 1 increases bite
The surge in spot rates comes just as Asia-Europe BCOs begin their contract talks with carriers.The rate increases set for Nov. 1 have driven up spot market prices on trades from Asia to Europe and the Mediterranean, with the rates reaching levels last seen six weeks ago after Hanjin collapsed.Asia-Europe…
Sharp rise in Asia-Europe spot rates as Nov. 1 increases bite
Journal of Commerce