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News / Spot rates on transpacific surge after news of tariff time-out

Yang Ming
YM Mobility. Photo: VesselFinder
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Container freight spot rates shot up on the transpacific trades this week, with an immediate surge in demand following news of a new 90-day hiatus in the China-US trade war.

This week’s World Container Index (WCI) from Drewry, which records spot rates paid over the past ...

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