Key Points: Spot rates on major east-west trade routes have continued to fall this week, though the decline has slowed. Asia-North Europe trade saw the largest decrease, with rates dropping 9% week-over-week.    Long-term contract rates have shown more volatility than expected, especially on the Vietnam-Rotterdam trade. Transatlantic rates have remained firm due to the …

Container Freight Rates Fall, Long-term Contracts Volatile Read More »