31 May 2022
Freight News

‘Bullwhip’ Ready to Crack, as Spot Rates Get a Boost and Shanghai Reopens

With Shanghai on the cusp of unlocking its manufacturing and unshackling frustrated container exports, spot rates from Asia are set to increase in the coming weeks.

However, the rate spikes could be short lived if some reports of cancelled orders prove to be linked to weakening consumer demand in Europe and the U.S.

Read more in an article from The Loadstar.

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