Drewry Eastbound Trans-Pacific Rate Falls to 19-Month Low

The average spot freight rate in the eastbound trans-Pacific trade experienced another $100 per 40-foot-equivalent unit drop this week, the third weekly decrease of the same amount since a $250 jump in the week of Sept. 4, due to a Sept. 1 general rate increase in the lane. The current rate now sits at its lowest level since Mar. 7, 2012.
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