Capacity discipline mitigates trans-Pac spot rate fall
Trans-Pacific spot rates are proving more resilient in early 2017 than early 2016.Spot rates in the eastbound Pacific this week inched down about 11 percent from the 2017 peak, but rates did not drop as sharply as the 13 percent that occurred during the equivalent post-Lunar New Year week in…
Capacity discipline mitigates trans-Pac spot rate fall
Journal of Commerce