Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
Photo 11366188 © King Ho Yim | Dreamstime.com
If a picture is worth a thousand words, let’s start with this recent gem of a chart from the Journal of Commerce (JOC), which shows who’s taking the winnings from the transpacific volume and rate increases – carriers or forwarders?
Obvs, it’s the carriers.
Has it always been thus?
Nope.
So…
I would love to be able to tell you that the respective market share of carriers and forwarders correlate to changes in demand or rates or port congestion levels or, I don’t know, the ...
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