Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
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If you want a sense of how long it can take to get a new port off the ground, so to speak (please forgive a metaphor so mixed it’s almost a metanalogy, or analophor), just take a look at Coos Bay.
Where?
Exactly.
It is just over three years to the day that Premium first wrote about a potential new US west coast container gateway at the port of Coos Bay in Oregon, where the local port authority has drawn up a masterplan ...
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