East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
Container imports last month at the 10 largest US box terminals increased by 6.6% year on year to 1.65m teu.
According to Blue Alpha Capital, this follows a 4.7% uplift in imports in March and a 2.3% increase over the past three months.
However, April was very much a tale of two coasts, as east coast and Gulf port imports soared 11.5%, to 779,711 teu, while west coast numbers were up a more modest 2.6%, to 871,980 teu.
The New York-based consultancy’s founder, ...
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