Receive FREE Newsletter
Advanced Search
+

News / Carriers react quickly to transpac demand surge, but rates remain muted

Aerial View Port of Long Beach Containers
Long Beach, © trekandshoot | Dreamstime.com
By

Container spot freight rates on the transpacific continued to trend upwards this week, albeit at a far gentler pace than last week’s GRI-induced double-digit growth, as carriers rushed to return capacity in anticipation of at least a short-term demand bounce.

There are only rough estimates as ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

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

    Most read news

    New Middle East conflict brings airspace closures, flight chaos and oil price worry

    DHL Express facilities in Canada forced to shut down by strike

    DSV: tales from the inside with CEO Lund under fire for 'brutal' management style

    Shippers wanting a return to Suez should be careful what they wish for

    New ocean capacity dump wipes out transpac gains

    Transpac spot rates crash as pre-tariff demand for US imports from Asia fades

    Congestion at Chittagong as boxes pile up on docks and ships wait at anchor

    Shippers and carriers await Iran decision on Hormuz in response to US attack

    Port congestion in Europe 'will last for years' – terminals 'chock-a-block full'

    Shipper's logistics arm widens its focus and invests in airfreight

    ONE faces $18m claim by shippers for 'failure to accept contracted volumes'

    Asia-Europe container volumes up 17% in two years

    Maersk suspends vessel calls at Haifa as regional tension rises

    Forwarders fear for margins amid volatility and strategy uncertainty

    Production decline leaves European automotive LSPs with eroding margins

    Demand for Chinese exports 'a catalyst' for rate increases and port congestion