Spot rates on Asia-Latin America take off as carriers slash capacity
Shipping on the spot market from Asia to ports on the east coast of South America, such as Santos, Brazil, pictured, has become more expensive as liner capacity discipline has led to sustainable freight rate gains. Credit: Sergio Furtado for Aerial Images.
Spot freight rates on the Asia-east coast South America…
Spot rates on Asia-Latin America take off as carriers slash capacity
Journal of Commerce