Ocean carriers took a raft of freight all-kind (FAK) and premium service increases on July 15, which pushed all-inclusive freight rates to new highs as shippers continued to compete for heavily constrained equipment and space. “Going forward through September, [we’re seeing] increases of $500 to $1,000 every two weeks,” a US-based freight forwarder source said. …
The post Midmonth premium increases bring trans-Pacific all-inclusive spot market to fresh highs first appeared on Hellenic Shipping News Worldwide.