Congestion fear as US west coast ports brace for transpacific cargo surge
The demand spike on the transpacific has prompted concerns of congestion and cargo bottlenecks at ...
Xeneta’s ocean shipping contract rate index jumped by 10% in June, but further big monthly increases seem unlikely as container spot rates head south and shippers have more supply options.
The increase in the freight rate benchmarking firm’s XSI crowd-sourced index followed a 30% leap in ...
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