Higher contract rates ahead as shippers seek security
Posted on 2nd March 2021 at 18:36
Higher contract rates ahead as shippers seek security
Contract freight rates have risen sharply and could well remain high for the remainder of 2021 and beyond, as shippers that had successfully played the spot market in the past have been hit hard by the recent ocean supply constraints and now seek longer-term commitments.
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Tagged as: Asia - Europe Freight, Asia Freight, China Exports, China Imports, Containers, Exports, Freight, Freight Rates, Imports, Ocean Freight, Sea Freight, Shipping
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