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Carriers ‘cherry-picking’ customers as rates continue to head north

March 19, 2021 by Choice Aviation Services0Air Cargo

Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for backhaul and secondary trades continue to head north.
According to today’s Freightos Baltic Index (FBX), the spot rate for North Europe is $7,684 per 40ft, down from more than $8,000 at the beginning of the month.
However, the FBX reading for Mediterranean ports, of $7,990 per 40ft, has held steady, while the spot …

The post Carriers ‘cherry-picking' customers as rates continue to head north appeared first on The Loadstar.

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