Evergreen chief says transpac contract rates will rise in 2025
Evergreen is to raise its transpacific contract rates for 2025, announced president Wu Kuang Hui ...
The seven-week Covid lockdown in Shanghai, prompting carriers to blank a third of export sailings on the Asia-Europe and transpacific tradelanes, is creating a lull in May import volumes through US west coast ports.
Moreover, the coastal shift by shippers from the west coast to east ports appears to be gaining fresh momentum ahead of the expiry of the US west coast labour agreement on 1 July, despite some optimism from both unions and employers.
According to the latest statistics from the ...
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
Shippers should check out the 'small print' in China-US tariff cuts
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
European port congestion now at five-to-six days, and getting worse
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Comment on this article