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Wild Swings in Freight Rates the New Normal Amid Uneven Recovery

By Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid an uneven global recovery from the coronavirus. The cost to ship containers slumped earlier this year as the pandemic pummeled demand, with rates bottoming out in late April. They rebounded steadily […]

WP_Post Object ( [ID] => 226765 [post_author] => 21 [post_date] => 2020-07-04 21:21:23 [post_date_gmt] => 2020-07-04 21:21:23 [post_content] => container ship terminalBy Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid an uneven global recovery from the coronavirus. The cost to ship containers slumped earlier this year as the pandemic pummeled demand, with rates bottoming out in late April. They rebounded steadily […] [post_title] => Wild Swings in Freight Rates the New Normal Amid Uneven Recovery [post_excerpt] => By Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid an uneven global recovery from the coronavirus. The cost to ship containers slumped earlier th... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => wild-swings-in-freight-rates-the-new-normal-amid-uneven-recovery [to_ping] => [pinged] => [post_modified] => 2020-07-04 21:21:23 [post_modified_gmt] => 2020-07-04 21:21:23 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=141007 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )