Transpacific rates ease as capacity boost proves too much for trades to digest
Transpacific rates, specifically for US West Coast-bound cargo, are at last showing signs of correction ...
Within a month, liner operators have lost the gains they achieved on the transpacific.
While the Shanghai Containerised Freight Index on Friday showed Shanghai-US West Coast rates fell nearly 27% from the previous week to $4,120 per 40ft, the current actual rate ...
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