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DeepNewz, mobile.
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Shipper fury as spot rates soar – and box lines ignore contracts #logistics #shipping #freight https://t.co/jHXa540SVD
Box spot rates ‘entering pandemic-level territory’ #logistics #shipping #freight https://t.co/r1NJYqIaPO
FT is reporting on the container rate spike. Zero surprise and they are of course 3-4 weeks behind as usual. HOWEVER, more mainstream coverage of the container situation we’ve all been seeing here for the past month. $ZIM $HLAG $MAERSK https://t.co/TKxDfl7EIr
Shipping stocks like $ZIM have seen a significant increase in value, with rates spiking due to global events such as Red Sea attacks. Container rates are at pandemic-level highs, impacting major ports and trade. The industry is experiencing turmoil and rapid changes in rates and values.