Rate relief for transpacific carriers, but for how long?
Box lines lift transpacific spot rates to five-month highs on the Shanghai Containerised Freight Index following partial GRI success, yet heightened competition, overcapacity and softening demand suggest merely brief relief
Transpacific carriers were looking for GRIs of up to $1,000 per feu from July 1
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792