Ocean freight rates from Asia to Europe have decreased by 30% during the early peak season.

2024-10-31 00:00

At the end of October, ocean freight rates from Asia to Europe dropped by 30% compared to the end of September. This decrease was influenced by Red Sea diversions that led to an early peak season. As a result, the decline in demand post-peak and pre-Lunar New Year began earlier than usual. Rates have since stabilized at…

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