Ocean Freight Rates Continue to Slide

Global manufacturers have hopes for a demand recovery later this year despite mixed economic signals. U.S. inflation continued to cool in February, although high-profile bank failures may threaten to shake consumer confidence. Softening demand for goods means capacity at freight carriers is opening up. In mid-March, ocean rates continued to fall with Asia – N.…

The post Ocean Freight Rates Continue to Slide appeared first on EPS News.