Tag: Red Sea routing
-
Navigating the Decline: Key Factors Driving Ocean Freight Rates and Strategic Carrier Responses
The Decline in Ocean Freight Rates: Key Factors and Strategic Responses Ocean Freight Rates Decline Overview The ocean freight industry is witnessing a notable decline in rates, driven by the Middle East ceasefire and the Lunar New Year slowdown. This section provides an overview of the key factors influencing this decline and the strategies carriers…