Spot rates hold steady as carriers take advantage of shipper rush to beat tariffs

November 9, 2018 Mike Wackett

OOCL has announced the cancellation of four Ocean Alliance headhaul transpacific sailings next month.
This suggests forward bookings are resuming normal seasonal demand patterns after the rush to beat 1 January import duty hikes.
Four Ocean Alliance loops will blank sailings in weeks 48, 49, 50 and 51, which OOCL said was “in response to the expected low demand during the upcoming Christmas and new year period”.
Until then, carriers are taking full advantage ...

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