East-west spot rate gains forecast to drive carriers to billion profit
East-west spot rates have slid through summer but are expected to rise along with peak season volumes.
Spot rates in the major east-west trades will soon emerge from their temporary slump as the peak-season begins, driving carriers to an industry-wide profit of about $5 billion this year, according to Drewry.
After six…
East-west spot rate gains forecast to drive carriers to billion profit
Journal of Commerce