US importers prep for rolling Asia cargo on spot rate jump
Carriers are putting off accepting bookings in the hopes of hauling higher-paying cargo.
With vessels leaving Asia already near or at capacity, beneficial cargo owners (BCOs) expect that an increasing number of shipments will be rolled to subsequent voyages and freight rates will jump dramatically by late September.
“It’s tight. This year…
US importers prep for rolling Asia cargo on spot rate jump
Journal of Commerce