{"id":6831,"date":"2023-04-04T15:55:46","date_gmt":"2023-04-04T15:55:46","guid":{"rendered":"https:\/\/axxessintl.com\/shippers-pushed-towards-spot-rates-as-contract-negotiations-stall\/"},"modified":"2023-04-04T15:56:12","modified_gmt":"2023-04-04T15:56:12","slug":"shippers-pushed-towards-spot-rates-as-contract-negotiations-stall","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/shippers-pushed-towards-spot-rates-as-contract-negotiations-stall\/","title":{"rendered":"Shippers Pushed Towards Spot Rates as Contract Negotiations Stall"},"content":{"rendered":"<p>While container spot rates on the Asia-Europe and transpacific tradelanes appear to have reached a nadir, start dates for many new long-term contracts remain uncertain.<!--more--><\/p>\n<p>Indeed, with contract negotiations stalled and demand weak, shippers, BCOs and NVOCCs are switching a much higher percentage of their business to the spot market.<\/p>\n<p>In fact, carriers are actively encouraging their contract customers to book cargo via spot, rather than lose them to cheaper competitors and have to buy them back later.<\/p>\n<p>The Asia to North Europe component of the Freightos Baltic Index (FBX) was flat this week, at an average of $1,349 per 40ft, and it is clear that carriers are prepared to do whatever it takes, in terms of capacity management, to prevent rates on the route dipping below $1,000.<\/p>\n<p>Read more in an <a href=\"https:\/\/ciffa.apms5.com\/anywhere\/m?s=ciffa&amp;m=s_0f692a68-1594-44af-9271-de6945a6e20b&amp;u=e1jq4wvfdtfm8dhg6n1k4hj45n2mad255mu36ha25n13ada35mt3jc1m6rtm8cj370uk8&amp;r2=d1u78w3k78qjyx38cnp6yrb4edu62whecdqpubvkd1mq0w35e9tjuw3nedm6at1dehqqerbjchtjuwvgdxu2uwk1ehjq6bb1ecpp6vveeht62rvm5nq6atvfehmp2x39dxq76bbkehgprv1f7xuq8vazcdgpuw31d5kpwfb589uprv35ehmpwqtj6cr38c1k4tuq8vazdnjp8ubndmypavb1d5p2cxbmdnfq6vvne9hpafb1enu6yw39dhqq8&amp;n=6\">article from The Loadstar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While container spot rates on the Asia-Europe and transpacific tradelanes appear to have reached a nadir, start dates for many new long-term contracts remain uncertain.<\/p>\n","protected":false},"author":15,"featured_media":1757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[762],"types-de-nouvelles":[],"class_list":["post-6831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-freightos-baltic-index-en"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=6831"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6831\/revisions"}],"predecessor-version":[{"id":6832,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/6831\/revisions\/6832"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/1757"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=6831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=6831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=6831"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=6831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}