In April’s Logistics Executive Briefing, Drewry flagged the issue of “extreme freight rates” and predicted that spot rates would continue to increase. Three months on, spot rates have jumped by another 70% or so and we expect rates to get close to $20,000 on some lanes. The difference between this year’s container shipping market and …
The post Extreme spot rates heading for $20,000 first appeared on Hellenic Shipping News Worldwide.