Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.
Amazon’s “asset-backed” less-than-truckload service is based on company-owned equipment and technology, its freight director says.
Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.