Spot rates in eastbound Pacific basically flat last week.
The upside is that spot freight rates likely will stabilize.
Given the nexus of polar opposites along the technology spectrum, the outcome is uncertain at best.
Growth in car carrier ship capacity is balanced by uneven demand for vehicles and high-and-heavy cargoes.
Rising cargo volumes deliver increasing profits despite the fragile economic situation in the European market.
For the first time, Savannah has more weekly trans-Pacific alliance services than the Port of New York and New Jersey.
Eimskip continues acquisition spree with container seller-lessor share.
Shipper concerns over the financial viability of the carriers they use has heightened after Hanjn Shipping collapsed last year.
The deal was struck just more than a week after Rickmers Maritime announced it was winding up its business.
There is no let-up in rising backhaul Europe-Asia rates, even as the Shanghai-Rotterdam spot market steadily edges up.