Trans-Pac spot rates slip as trade preps for peak
The trans-Pacific trade is gearing up for the peak season.
Spot rates in the eastbound Pacific declined slightly for the second consecutive week, although the 2 percent drop to the East Coast reflects a tightening of capacity, whereas the 5 percent decline to the West Coast indicates that the bigger ships…
Trans-Pac spot rates slip as trade preps for peak
Journal of Commerce