Trans-Pacific shipping rates are experiencing a significant increase as carriers reduce vessel capacity, impacting the Asia-US trade routes and pushing the spot rates upward for the third consecutive week.
Trans-Pacific shipping rates rise as carriers make capacity cuts | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Container shipping sees signs of a bottom (at least, for now) | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
All-inclusive container shipping rates from North Asia to North America were available to some shippers without premium surcharges in the week to Feb. 17 as more space on ships became available following the Lunar New Year slowdown. But market sources also warned that there remains a backlog of cargoes to be shipped out from China .