Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update W1
Freightos
JANUARY 11, 2018
Supply Chains (And Freight Rates) Crank Up Again: Freight Rate Update Wk 1. By John Edmonds, Research & Marketing, Freightos. As supply chains crank back into action following the vacation, the January ocean freight GRI (General Rate Increase) stuck, with China-US rates increasing by 27%. While prices may continue to climb slightly until the Chinese New Year, expect them to drop back after February 16.
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