Trouble Ahead: Container Shipping Rates Sinking Further Into The Red

By Greg Miller of FreightWaves It’s not looking good for container shipping lines. Peak season is running out of whatever limited steam it previously had. Spot rates are sliding into loss-making territory. Rates “continue to lose ground, bending under the pressure of insufficient demand and growing overcapacity,” said Alphaliner this week. According to Linerlytica, “Container […] Source