Rise in transpacific contract rates could be long-lasting
Signs that spot and contract rates are diverging from their usual patterns will concern transpacific shippers
Contract rates usually follow the trend of spot rates, with a time lag built in. But recent contract rates for the transpacific are 15% above where they should be, and could remain above trend for some time
If content does not display, please refresh your browser.
Not ready to subscribe? Sign up for free articles and daily news updates.
Sign Up For Updates