Trans-Pacific lines’ hope of peak season spot rate jump fades
A surge of capacity from rival liners trying to grab Hanjin Shipping market share has prevent sustained spot rate rises on the trans-Pacific.Spot freight rates in the Asia-US trade edged lower for the fourth consecutive week, dimming prospects for a significant rate hike this peak season.
Click to EnlargeThe spot…
Trans-Pacific lines’ hope of peak season spot rate jump fades
Journal of Commerce