Transpacific ocean carriers are holding on to as much of their Red Sea crisis-induced gains as they can, heading into contract talks with BCOs, shippers and forwarders.
Drewry’s WCI Asia-US west coast container spot rate component was flat this week, at an average rate of $4,754 per 40ft, and remains some 140% higher than at the beginning of December.
Rates on the tradelane are being supported by strong US consumer demand, which …
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