Soaring China exports unable to lift spot rates
In September, the Port of Long Beach saw container throughput grow by 28.3 percent year-over-year.
Credit: POLB
Container exports from China shot up by 11.1 percent in September during the healthiest peak season period in years, but the steady decline in freight rates across all trades continued despite the double-digit year-over-year increase.Including…
Soaring China exports unable to lift spot rates
Journal of Commerce