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Transpacific and Asia-Europe Spot Rates Soften Despite Looming GRIs
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Forwarders expect surcharges as ocean spot rates continue to slide - The Loadstar
Spot container freight rates on the transpacific and Asia-Europe trades continued to soften this week, with no general rate increases (GRIs) or peak season surcharges (PSSs) to halt the slide. However, on the westbound Asia-North Europe and Asia-Mediterranean routes, carrier strategies to attract more high-paying spot cargo are predicted to lead to some restrictions on previously agreed short-term contract allocations. One Asia-Europe forwarder …
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