Average spot rates on the eastbound trans-Pacific increased for the second week in a row this week, jumping 17.5 percent, or $429 per 40-foot-equivalent container unit, as liner companies put into effect the hefty general rate increase recommended by the Transpacific Stabilization Agreement.
Trans-Pacific Spot Rate Sets Record High
More on JOC
Jun 5, 2013 2:00PM EDT
Apr 30, 2013 2:00PM EDT
Mar 20, 2013 11:00AM EDT
Is Your Supply Chain Costing You Money?
Best Practices for Building a Resilient Supply Chain
Bridge the Gaps in Your GTM Operations with Gartner Research