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
Transpacific carriers could restrict capacity additions altogether in an attempt to balance the market, analysts suggest
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792