Anyone else notice that ocean freight rates are declining? I was recently approached by an NVO with rates out of China to the U.S. that are approximately $100 to $200 lower than what was offered back in November. Even with the carriers implementing a pre-Chinese New Year peak, rates appear to be headed in a downward trend. I would be curious to see what others are seeing in the market.
It would be good also to have news updates on the rates into Asia Pacific. General info on containerised and conventional cargo and operators.