Shipping chaos gives top importers ‘massive competitive edge’

The Asia-U.S. container market is now in a class by itself, with the trans-Pacific eastbound trade pricing differently than any other route in the world.

Because stimulus-driven demand is so high compared to capacity — not just capacity of ships and boxes but of ports, trucks, rail and warehouses — the spread of trans-Pacific pricing has ballooned. 

The largest importers are paying far lower freight rates than smaller importers, the playing field is becoming increasingly uneven, and foreign ocean...

https://www.freightwaves.com/news/shipping-chaos-gives-largest-importers-massive-competitive-edge

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