Transpacific sees first major MSC blanks as rates fall and volumes falter
Following nine weeks of consecutive declines in spot freight rates on the transpacific, carriers are ...
As expected after last week’s surge in spot rate levels, this week saw more modest gains thanks to a week’s absence of new surcharges and FAK price hikes.
Next week could see a return to double-digit gains however, as a 1 July implementation of new price levels is expected.
For example, MSC has announced FAK rates on Asia-North Europe of $9,800 per 40ft high-cube and $9,000 to West Mediterranean destinations, for Monday.
According to Andy Cliff, director at Straightforward Consultancy, UK shippers and ...
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