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Containers Market Insight Freight rates

Transpacific rates flatline in GRI absence

Despite the deceleration in transpacific rate increases, record levels will likely result in higher contract rates upon renewal

  • Analysis

With carriers taking on board the advice of the China’s transport ministry to scale back on aggressive pricing and pull the GRI plug, transpacific rates on the SCFI showed only marginal gains this week

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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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