shipping

Container Freight Rates from Asia Continue to Decline: Congestion and Market Outlook?
(VLR) Container freight spot rates from Asia continue their downward trend, even as the shipping market faces ongoing congestion at U.S. East Coast ports. The recent strike by the International Longshoremen's Association (ILA) caused temporary bottlenecks, but industry experts suggest that these disruptions will not have a long-term impact on rates. What are the main drivers behind this decline, and what does the future hold for the container shipping market?
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