Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
DailyBreeze has posed an interesting question: was the port of Los Angeles right to shell out some $250,000 to attract CMA CGM’s behemoth, Benjamin Franklin, to visit the port first on its maiden voyage? LA officials say it was worth it, garnering at least $1m in publicity and turning a profit of $536,000 from the visit. Rival ports of Oakland and Long Beach did not pay for the ship’s visit and gained less publicity. However, as one expert notes in the article, ...
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