US importers increasingly seek to reduce contract rates

While some carriers have been willing to adjust shipping contracts, others are holding the line, anticipating that peak season, US port congestion, and the ability to blank sailings will keep the spot market afloat through the balance of the ye…

While some carriers have been willing to adjust shipping contracts, others are holding the line, anticipating that peak season, US port congestion, and the ability to blank sailings will keep the spot market afloat through the balance of the year.