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Asia Pacific Containers Ports and Logistics

Carriers struggle with contract volume as spot market plunges

As spot rates on China-USWC trade have fallen below contract prices, carriers are offering shippers ad hoc discounts to keep them to their agreements

  • Analysis

The move underlines a reality that forming binding freight agreements remains a tall order for the still highly volatile container shipping industry, despite the touted pandemic-led structure shift that carriers had hoped would smooth out their earnings curve

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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