Container spot rates on the trans-Pacific lane have surged above previous records as strong booking activity and limited supply led carriers to enforce large GRIs. After three months of stable Freight All Kinds rates on the trans-Pacific eastbound route, ocean carriers took June 1 increases of $600 to $700 per 40-foot-equivalent unit out of North …
The post Trans-Pacific container rates reach all-time highs as June general rate increases stick first appeared on Hellenic Shipping News Worldwide.