Container freight rate crash: agony for Carriers; bonanza for Shippers
Container freight rate crash: agony for Carriers; bonanza for Shippers
By: Sakthi Prasad -- Content Manager
08 May, 2016
INFOGRAPHIC
With inputs from Beroe Logistics Team
Owing to China’s manufacturing weakness and sharp slide in commodity prices, global trade flow between Asia and Europe has slowed down, leading to a crash in container spot freight rates.