Transpacific rates war breaks out as new arrivals undercut major liners

A rates war on the Asia-US West Coast tradelane is under way, as newcomer transpacific carriers offer lower rates to gain market share. This has forced the established mainline operators to ...

China-US West Coast Hede International Shipping Linerlytica Rates TransPacific routes TS Lines

Aug 29, 2024• Comments•

Rates Headlines

News / Failure of GRIs means a tough time for carriers in new-contract talks

Notwithstanding three attempts at GRIs (general rate increases) in 45 days, Asia-North Europe container spot ...

Adobe Analytics Drewry Freightos Baltic Index (FBX) Rates Xeneta

Dec 1, 2023• Comments•

News / 'Feeding frenzy' over low rates must end, say forwarders

Forwarders need to pull out of the ‘race-to-the-bottom’ on ocean rates or risk losing customers, ...

carriers Carriers vs. forwarders Maersk Rates Rhenus spot rates

Nov 16, 2023• Comments•

Comment / Carriers get high rates but low ratings, as supply chains slide into chaos

Looking back at the last year in logistics, it’s hard to know where to begin, ...

Maersk Line Rates

Jun 28, 2021• Comments•

News / European carriers still suffering, but transpac lines receive a ‘tariff’ boost

This week’s Shanghai Containerized Freight Index (SCFI) recorded further declines for Europe, but transpacific tradelanes ...

Asia-Europe Rates Rates: the eternal tango SCFI Tariffs Trade wars Transpacific Xeneta

Aug 30, 2019• Comments•

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