Container lines take steps to curb the extreme market
CMA CGM is not alone in trying to put the brakes on the galloping spot rates in the container market. Hapag-Lloyd is doing the same. The moves are in effect aimed at nursing their loyal customers, according to one assessment. Meanwhile, ONE maintains its pricing policy.
Several container lines are turning to a surprising initiative to keep the extremely high spot rates down in the supercharged ocean freight market.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Container rates trend upwards for 18th week in a row
For subscribers
CMA CGM freezes spot rates until February 2022
For subscribers
