28 June 2022
Freight News

Asia-U.S. Container Shipping Rates Are Flashing Two Bearish Signals

Trans-Pacific spot container shipping rates have crossed two bearish thresholds. It depends on which indexes you believe, but according to Drewry’s, spot freight rates are now below where they were at this time last year, and according to Xeneta’s, spot rates are now below current contract rates.

Read more in an article from American Shipper.

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