Ocean freight market heads into choppy waters

摘要

OCEAN FREIGHT BUYERS are in a tight spot right now. On one hand, many carriers are saying that their current rates have sunk to levels that are simply unsustainable and are pushing for rate hikes as early as this month. But most shippers are likely working their way out of a recession which is forcing them to manage costs extremely well. And who's likely to pay more for a service that they've been using less of?