Rates on reefer freight show market normalization

Developments on the reefer market show that general container market is normalizing after few years of extreme profits for shipping companies, shows data from Xeneta.
Photo: Pr / Hapag-lloyd
Photo: Pr / Hapag-lloyd

It is once again profitable for box carriers to transport reefers in relation to regular ”dry, 40-foot (feu) containers, following the pandemic years and their extremely favorable profit margins on the latter container type.

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