Posted on February 18, 2025

Freight forwarders report that Brazilian shippers are capitalising on the recent drop in spot rates to book space for shipping low-value commodities, such as plywood, tile, and paper, to the United States. Prior to the rate decrease, these goods were typically limited to the less expensive shipping routes. However, the current market conditions have made it more feasible for exporters to target the US market with these products.

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