Carriers on the hunt for open tonnage again as transpacific rates soar
Soaring transpacific rates have seen shipping lines back on the hunt for available tonnage on ...
Container spot freight rates on the transpacific trade saw another week of double-digit gains, as carriers forced prices with the détente in the US-China trade war continuing.
Smaller increases were seen on Asia-Europe, but forwarders questioned whether these would stick as everyone continues to look for signs of the peak season starting.
With the judgment from the US Court of International Trade declaring that many of President Trump’s so-called ’reciprocal’ tariffs invalid coming too late in the week to have a meaningful ...
Comment on this article