Trans-Pacific container freight rates scaled new heights over the past month, with multiple general rate increases (GRIs) taking spot rates to week after week of record highs, reports Platts.
However, some key moves by authorities in the past week have tempered bullish expectations. Going forward, sources are divided in their expectations for the rest of the year.
- At $3,800/FEU, the cost to ship from North Asia to West Coast North America is now almost triple what it was at the start of the...
https://mfame.guru/retailers-importers-scrambles-for-space-as-trans-pacific-rates-soar/