Carriers opt for more blanked sailings to bolster freight rates

Container spot freight rates on all three of the largest east-west trades – Asia-Europe, transpacific, and transatlantic – were on the rise this week. After three months of post-peak season declines, the Asia-Europe trades experienced a second week of spot freight rate increases, according to Drewry’s World Container Index (WCI). The WCI’s Shanghai-Rotterdam leg was up 3% week on week, to end at t Read full article →