Trans-Pacific shipping rates just popped to new all-time high

Is this the end of the mysterious trans-Pacific rate plateau? The good news for ocean carriers — and bad news for shippers — is that rates are rising yet again. Base spot rates for container shipments from Asia to the U.S. West Coast had been curiously flat since late September. Rates kept to a narrow …

The post Trans-Pacific shipping rates just popped to new all-time high first appeared on Hellenic Shipping News Worldwide.

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