Backed by spot rate strength, trans-Pac carriers levy hefty GRIs
The ongoing uptrend is noteworthy because, historically, the largest increases in spot rates often occur in August, usually the busiest month of the peak shipping season, and October, the last month of the holiday shipping period. (Above: The Port of Los Angeles.) Photo credit: Shutterstock.com
Emboldened by signs of import strength,…
Backed by spot rate strength, trans-Pac carriers levy hefty GRIs
Journal of Commerce