Falling ECSA-Asia spot rates put shippers on notice

May 15, 2019 May 15, 2019 3:52PM EDT

[caption caption="Container lines in early March cut Asia-east coast South America capacity approximately 18 percent, pushing headhaul spot rates up to $1,500 per TEU. Photo credit: Shutterstock.com."][/caption]After container lines slashed capacity by nearly one-fifth with only a short-lived bump in spot rates, shippers moving goods from Asia to the east...

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