Asia-Europe carriers continue to struggle to maintain an united front on their pricing, with the range of rates remaining wide going into the 2nd half of June. Maersk’s pricing remains highly erratic as it reversed its aggressive price cuts in early June with higher rates in the 2nd half of the month although its rate quotations remain lower than other carriers on the North European routes.
Port congestion remains high across all North European main ports, but this has not resulted in any mater