Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
By Alex Lennane
DHL Global Forwarding believes increased demand this year will keep rates up. The forwarder told Reuters it was seeing growth in both air and sea, while some ocean customers were switching to air because of longer shipment times than normal and some port congestion. And it may be bad news for shippers: rates “have hit a turning point” said the company.
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