Eastbound trans-Pac spot rates slip in third straight week
Trans-Pacific capacity is rising.
The peak-shipping season in the eastbound Pacific has yet to take off in earnest as spot rates declined slightly for the third consecutive week. By contrast, in mid-July last year spot rates were moving higher, and they remained strong through the end of the year.
The spot rate…
Eastbound trans-Pac spot rates slip in third straight week
Journal of Commerce