Ocean rates continue to climb as peak season heats up
Posted on 16th July 2021 at 17:11

Ocean rates continue to climb as peak season heats up
Demand for ocean freight capacity on key trades continues to outstrip supply as peak season heats up, pushing listed Asia-North Europe spot freight rates past the US$13,000/FEU mark, “and sending Europe to South America rates spiking more than 30% since last week”, the latest spot market figures and analysis from digital freight platform Freightos indicate.
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