Container Spot Rates Flat as Peak Season Fails to Materialize

Container Spot Rates Flat as Peak Season Fails to Materialize

Container spot freight rates on the major east-west trades were barely unchanged for yet another week, as expected peak season volumes are yet to materialise and carrier attempts to match capacity with anaemic demand failed to lift prices.

Whither the peak season? - The Loadstar

Supply chain analytics firm Vizion asks: … if the peak season still actually exists for the deep sea container trades. It is a question The Loadstar has also been asking since the Red Sea crisis erupted and carriers were forced to sail around the Cape of Good Hope, elongating the Asia-Europe container supply chain by two weeks and leading to a surprisingly early peak in 2024. This year, trades have been ... The post Whither the peak season? appe…