Shippers wary over lack of clarity on Shanghai reopening

[caption caption="Spot rates in the Asia-US trade have softened and vessel space has loosened considerably, but that doesn’t mean carriers are willing to renegotiate service contract rates. Photo credit: Shutterstock.com."][/caption]Shippers an…

[caption caption="Spot rates in the Asia-US trade have softened and vessel space has loosened considerably, but that doesn’t mean carriers are willing to renegotiate service contract rates. Photo credit: Shutterstock.com."][/caption]Shippers and forwarders in the Asia-US trade have mixed views about how quickly import volumes will rebound when China lifts COVID-19...