Are Ocean Freight Prices Absolutely Broken?
Freightos
SEPTEMBER 8, 2020
It’s hard to predict what demand will be like for products like these ahead of time. Just take a look at pricing fluctuations for Suntory’s Yamazaki 12 Year Old. Is ocean freight pricing broken? It took carriers months to adjust capacity to the new low-demand reality. And it can be fixed. It starts back in 2008. .
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