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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

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

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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