Emerging patterns in global container shipping

Container-Trends-Update-August-2024

In July, long term rates for fronthaul trades increased month-on-month, while backhaul trades continued to see a decline. This trend mirrors the developments in the spot market, where front- loaded demand and supply chain dynamics are causing divergent movements in different trade directions. Short term rates from the Far East to the US and Europe began to soften in July […]

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