Container Spot Rates Edge Higher as Peak Season Faces Mid-July Test
Container freight spot rates on the transpacific and Asia-Europe trades showed moderate gains this week, in the absence of carrier-led price hikes, while demand remained firm.
In this Wendover Productions video, they tackle “How Ocean Shipping Works (And Why It’s Broken)” by following a recent voyage of the Maersk Essex from ports in Asia to the Port of Los Angeles, where it was faced with congestion at the center of supply chain disruptions.
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