Average eastbound spot rates on the trans-Pacific soared $200 per 40-foot-equivalent unit this week, one day ahead of a planned August 1 rate increase. This indicates carriers have achieved approximately half of the peak-season surcharge of $400 per FEU proposed by the Transpacific Stabilization Agreement.
Error messageAll JOC.com content is now available to all visitors, but we do ask you to login or sign up to view content. Read why here. Please Login/Sign Up Here.
Drewry Trans-Pacific Benchmark Rate Rises $200
More on JOC
Dec 12, 2013 11:00AM EST
Nov 21, 2013 2:00PM EST
Nov 12, 2013 2:00PM EST