Prices Set To Ramp Up For Chinese New Year: Freight Rate Update W2
Freightos
JANUARY 16, 2018
That said, ocean prices for shipping out of China are still well down on this time last year. There was one significant exception, at Fedex’s Memphis hub, where bad weather affected express parcels due for delivery on 12 January. Some forwarders reliant on the spot market are steeply increasing ocean pricing from China.
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