Fri, 16 Feb 2024 22:00:58 +0000
The Red Sea crisis sent ocean freight rates from the Far East to US spiralling by more than 150%, but there appears to be some relief on the horizon for shippers. The latest data released by Xeneta indicates a peak may have been reached after spot rates from the Far East into the US declined …
Full article: https://www.hellenicshippingnews.com/spiralling-ocean-freight-rates-from-the-far-east-to-us-may-have-peaked/