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You are here: Home Archive 2009 August 13 Rising rates provide a glimmer for recovery

Rising rates provide a glimmer for recovery

by Janet Porter - Lloyd's List last modified Aug 13, 2009 11:55 AM

Improved container freight rates on the key Asia-Europe and Asia-US trades have provided a glimmer of hope for a recovery in global shipping.

  
Rising rates provide a glimmer for recovery

Improved signs for global shipping

Freight rates are finally heading in an upwards direction on the world’s two biggest trade routes as container lines keep capacity under tight control.

Spot rates for cargo moving eastbound across the Pacific have risen sharply over the past week, while...

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