Late peak helps rates push
Despite a late-running peak season that has had container line executives biting their nails, volumes have smartened up sufficiently to underpin rate rises in a number of inbound trades.
From next Monday (October 15) the 13 members of the Asia-Australia Discussion Agreement will kick up rates from China and Hong Kong by US$250/teu and $500/feu.
Carrier sources say this year’s North & East Asia-Australia peak did not get underway until...
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