“Cost of shipping between the U.S. and China plunges” blared a headline in early October, citing a reported halving of rates in a matter of days. Was this the beginning of the end of sky-high trans-Pacific shipping costs, the onset of the correction importers have been waiting for? Turns out it wasn’t. Spot rates for …
The post No Relief From ‘Ridiculously Expensive’ Container Shipping Rates first appeared on Hellenic Shipping News Worldwide.