Trans-Pac tussle for market share dragging down rates
Container volumes on the Asia-US trade have risen sharply even as rates have fallen.
The battle for market share on the trans-Pacific can be clearly seen in the freight rate levels that have slumped to a 10-month low even as volumes grow strongly on the trade and the peak season approaches.Spot…
Trans-Pac tussle for market share dragging down rates
Journal of Commerce