Ocean Freight Rate Recovery Driven by Demand Surge, Not Just Blanked Sailings
Ocean freight spot rates are experiencing a significant and unexpected recovery, with major indices showing strong gains on key trade lanes. Contrary to initial assumptions, this rally is being fueled more by a surprising surge in actual demand rather than aggressive capacity management by carriers. Shippers are facing a tighter market as volumes from Asia to Europe and the US have proven stronger than anticipated. This demand-led recovery is forcing ocean carriers to reassess their blank sailing programs for the coming months.
Official Source: https://theloadstar.com/freight-rate-recovery-more-about-demand-than-blanked-sailings/
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