After months of long term rates being significantly more expensive than short term rates on the backhaul US to Far East trade, a fall in long term rates at the start of Q2 has brought the two back in line. In mid-March, long term rates were USD 350 per FEU higher than the spot market …
The post Long term container freight rates from US to Far East falls – now back in line with spot market first appeared on Hellenic Shipping News Worldwide.