3 ms·
Depending on the route, rates are back, or close to, pre pandemic levels, e.g. here https://www.xeneta.com/blog/weekly-container-rate-update-week-17-2023-westb
by hef19898 3y ago
Depending on the route, rates are back, or close to, pre pandemic levels, e.g. here
https://www.xeneta.com/blog/weekly-container-rate-update-week-17-2023-westbound-transatlantic-container-rates-head-south-with-steep-monthly-drop?utm_campaign=Weekly%20Rate%20Update%202023&utm_source=linkedin&utm_medium=social https://www.xeneta.com/blog/weekly-container-rate-update-wee...
Or here:
https://www.xeneta.com/blog/weeek-20-manzanillos-star-on-the-rise-in-declining-north-american-west-coast-spot-market?utm_campaign=Weekly%20Container%20Rate%20Updates&utm_source=linkedin&utm_medium=social https://www.xeneta.com/blog/weeek-20-manzanillos-star-on-the...
Still, carriers are feeling the price drops for sure. But it is way less dramatic then it was during 2008 onwards. Those rates back then were close to unsustainable for carriers. They nice for the shippers so, but the days of up to two weeks without container retention fees are gone for good.