Asia-Europe carriers struggle, but transpacific could see new front-loading boost 

June 14, 2019 Mike Wackett

Asia-North Europe carriers continue to discount rates to fill their ships, suggesting that the usual pre-peak season recovery will be late, if it happens at all this year. 
CMA CGM has slashed its headhaul FAK rate on the tradelane by $200 from 16 June, to $1,700 per 40ft as spot rates continue to slide. 
The North Europe component of the Shanghai Containerized Freight Index (SCFI) declined a further 4.4% this week, to $745 per teu, and spot rates on ...

The post Asia-Europe carriers struggle, but transpacific could see new front-loading boost  appeared first on The Loadstar.

Previous Article
FW: Will Omnitracs be the next big private equity deal?
FW: Will Omnitracs be the next big private equity deal?

FreightWaves writes: “Vista Equity Partners is still trying to sell Omnitracs, the fleet management softwar...

Next Article
US business leaders hit back on trade tariffs and tell Trump ‘enough is enough’
US business leaders hit back on trade tariffs and tell Trump ‘enough is enough’

A vast array of major US businesses and associations have written to the president and major Trump appointe...