Have sky-high container shipping rates finally peaked?

Greg Miller - July 16, 2020

“Ocean container rates remain exceptionally high but may have finally hit their ceiling. Spot rates have not only stopped rising, they’ve pulled back by single digits. Is this a new plateau or the start of a longer-term reversal as liner alliances bring more capacity back online?”

See the original story at: FreightWaves

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Are trans-Pacific carriers guilty of price gouging?