The third largest liner firm just one-upped other container lines by announcing a freeze in spot rates.
Of course they are at an all-time high. And Hapag-Lloyd, a smaller liner firm, said they had ‘already frozen rates’. But it’s a great piece of publicity.
It is a bit like a car manufacturer saying they will freeze the price of a car at the MSRP (sticker price). No one tries to pay that anyway.
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Sam Chambers September 10, 2021
CMA CGM startles rivals by vowing to stop spot rate increases for coming five months – Splash247
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