Container Shipping Rates Snap Weeks of Gains as Restock Rally Fades
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Spot prices for container shipping rates have dropped for the first time in nearly three months, indicating a cooling in demand following US tariffs on Chinese goods and other trade disruptions that caused an earlier-than-usual peak season for restocking. The Drewry World Container Index composite of eight major trade lanes fell 2.2% to $5,806 for […]
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