News / More pressure on transpacific rates as carriers bet on a China-US trade deal

Wan Hai Container_Ship_under_Golden_Gate_Bridge.Daniel Ramirez from Honolulu, USA
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Mainline operators are pushing for higher transpacific rates in May, betting on a trade deal that could trigger a return of mass Chinese export volumes to the US.

While rates face downward pressure, carriers announced price rises for next month, driving marginal ...

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    China-US trade dispute Evergreen Marine Corporation (EMC) Shanghai Containerized Freight Index (SCFI) Transpacific Trade Wan Hai Lines