XODD Summary:
During Q4, the industry endured the heat of battle regarding rates - as carriers look to protect profitability going into next year, – they saw success in pushing through GRIs in December.
Rates from the Far East to North Europe increased by USD 200 per FEU on December 1. Similarly, average spot rates from the Far East to the Mediterranean and US East Coast both rose by around USD 100.
Read the full report for insight on:
- Spot rates from Far East to North Europe
- Spot rates from Far East to Mediterranean
- Spot rates from Far East to US East Coast
- Themes of Capacity's Impact
Are you prepared for the remainder of 2023?
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