News / Carriers face chilly response to their new transpacific contract rates

Transpacific container spot rates remain high as the contracting season moves into gear – however new contract proposals from carriers may get the cold shoulder.

Xeneta’s XSI Asia-US west coast component ticked up 1% this week, to an average of $4,762 per 40ft, which compares with the reading for the same week of last year of just $1,329 per 40ft.

Meanwhile, reversing consecutive weeks of decline, the Freightos Baltic Index (FBX) Asia to US east coast ...