Tag: Zencargo
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Unraveling the Price War: The Impact of Declining Container Spot Rates on Asia-Europe Trades
Decline in Container Spot Rates and Implications for Asia-Europe Trades Introduction to Spot Rate Declines The recent decline in container spot rates following the Chinese New Year (CNY) holiday has been a notable trend across various trade routes, particularly in Asia-Europe trades. This decline has been observed as a partial return to work for freight…