Carrier hopes for a demand surge rest on summer peak season
Posted on 9th January 2023 at 10:35
Carrier hopes for a demand surge rest on summer peak season
Container spot rates from Asia to North Europe, as recorded by Drewry’s WCI index, increased by 10% this week from their pre-Christmas level, to $1,874 per teu.
However, export demand to North Europe has been much weaker than usual ahead of the Chinese New Year on 22 January, and rates are expected to come under pressure again after the holiday as carriers scramble to fill their ships.
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Tagged as: Asia - Europe Freight, Asia - US Freight, Asia Freight, China Exports, China Freight, China Imports, Container Prices, Containers, European Freight, European Imports, Exports, Freight, Freight Rates, Imports, Logistics, Ocean Freight, Ocean Freight Rates, Sea Freight, Sea Freight Rates, Shipping, Supply Chain, UK Freight, UK Imports, US Freight
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