Ocean freight markets are diverging by route, with Asia-Europe and Mediterranean rates falling as carriers resume Red Sea services. Far East–North Europe rates are down 18 per cent since early July, while Far East-Mediterranean rates have fallen 28 per cent.
Ocean freight markets are diverging by route, with Asia-Europe and Mediterranean rates falling as carriers resume Red Sea services.
Far East–North Europe rates are down 18 per cent since early July, while Far East-Mediterranean rates have fallen 28 per cent.
US-bound routes rose week on week, with trans-Pacific rates to the US East Coast near multi-year highs amid tight capacity.
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Ocean freight markets are diverging by route, with Asia-Europe and Mediterranean rates falling as carriers resume Red Sea services. Far East–North Europe rates are down 18 per cent since early July, while Far East-Mediterranean rates have fallen 28 per cent. US-bound routes rose week on week, with trans-Pacific rates to the US East Coast near multi-year highs amid tight capacity.
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