News / Carrier rate hikes bolster transpacific spot prices – but will they hold?

Money bag with up and down arrows. A sharp change in prices. Destabilization of stock markets. Speculation, speculators. Monopolization of the market and interruptions in the supply of goods, services
Photo: © Andrii Yalanskyi
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Container spot freight rates on the transpacific this week reversed 11 consecutive weeks of decline, with price increases seen on both the Asia-US west coast and Asia-US east coast trades.

The Shanghai-Los Angeles leg of Drewry’s World Container Index (WCI) grew 8% on the previous week, ...

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    Asia-Mediterranean Asia-North Europe Asia-US east coast Rates: the eternal tango Transatlantic Transpacific