No post-peak relief for ocean freight as capacity tightens

The expected post-peak easing in ocean freight rates has failed to materialise, with resilient US import demand, weather disruption and carrier capacity cuts keeping the market under pressure. According to analysis presented during Cargo Trans’ latest FreightTea webinar, September US imports are expected to reach some 2.3m teu – approximately 10% above the same month last year. The strength of dem Read full article →