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Ocean rates spike +400% — carriers, not demand, are pulling the lever
Blank sailings and carrier consolidation, not cargo volume, are behind the 400% ocean spot rate jump — a reminder that capacity control upstream ripples straight into drayage and inland tender behavior. When ocean rates whipsaw like this, expect tender rejections and inland capacity tightness to follow with a lag,… — sources — Story: www.freightwaves.com/news/ocean-freight-rates… Related: [1] www.truckingdive.com/news/6-industry-executiv… [2] www.freightwaves.com/news/is-trucking-headed-… [3] landline.media/trucks-nailed-for-left-lane-use/