News / Transpacific payback from rates spike greater for carriers offering more capacity

Port of Los Angeles

Ocean carriers Cosco and CMA CGM will see a larger return than their peers from the transpacific spot rate spike, due to their greater exposure to the trade, according to new Alphaliner analysis.

Since mid-May, container spot rates from Asia to the US, as recorded by the Shanghai Containerized Freight Index (SCFI), have soared by 130% to the US west coast and 82% to US east and Gulf coast ports.

“A breakdown of the average weekly capacity of the top 10 carriers ...