However, the declines seen this week were flatter than the week before, indicating that carriers have begun to withdraw capacity.
Thanks!
We will contact you.
Container spot freight rates on the Asia-Europe and transpacific trades experienced another week of persistent declines, as pre-Chinese New Year demand continues to weaken
However, the declines seen this week were flatter than the week before, indicating that carriers have begun to withdraw capacity.
COVID-19 will likely affect trade more profoundly than any other recent crisis. The extent of the disruption will vary by commodity, trade lane, and mode of transport, and it will be steered by local differences in the crisis’s severity