Trans-Pacific spot rates slip despite capacity concerns

Trans-Pacific spot rates slip despite capacity concerns
Trans-Pacific rates to the United States spiked this time last year as a result of Hanjin Shipping’s bankruptcy.

The decline in trans-Pacific spot rates to the US East and West coasts shows that capacity remains adequate despite growing concern over tight space and the rolling of containers in favor of higher-paying…
Trans-Pacific spot rates slip despite capacity concerns
Journal of Commerce