Contract rates on transpacific and A-E set to collapse: Xeneta
IMPORT demand in the US and Europe has fallen steadily since the summer, with market indicators all pointing to continued weakness into 2023, says Xeneta*s CEO Patrik Berglund, reports IHS Media.“As more and more long-term contracts expire in the new year, all indicators point towards considerable rate drops from today*s levels, with several of the […]