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Transpacific rate misery marches on

Efforts to curb the influx of capacity on the transpacific trade have proved futile in carriers’ bid to rejuvenate the spot market. With rates continuing to head south through March this does not bode well ahead of the contract renewal season as negotiations start

18 Mar 2019
Analysis

Linton Nightingale @LintonContainer linton.nightingale@informa.com

Transpacific carriers could restrict capacity additions altogether in an attempt to balance the market, analysts suggest

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Transpacific rate misery marches on

Efforts to curb the influx of capacity on the transpacific trade have proved futile in carriers’ bid to rejuvenate the spot market. With rates continuing to head south through March this does not bode well ahead of the contract renewal season as negotiations start

Analysis

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