China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
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By Mike Wackett
Hapag-Lloyd has again taken the lead in a rates push on the beleaguered Asia to Europe tradelanes.
The German carrier has announced a general rate increase of $525 per teu from May 5 for both north Europe and Mediterranean services.
The line obviously believes the time is right to build on the relative success of an April Asia-Europe GRI that has managed to survive its first week mostly intact.
The 1 April hike boosted spot rates to around $1,250 per teu for north ...
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