Carriers poised to profit from higher trans-Pac contracts
Spot rates that are higher and fluctuating less than last year will cushion the gains carriers made in annual trans-Pacific contracts.
With trans-Pacific service contract rates to the West Coast settling in at about $1,200 to $1,300 per FEU, and the likelihood of spot rate increases during the summer-fall peak-shipping season,…
Carriers poised to profit from higher trans-Pac contracts
Journal of Commerce