Trans-Pacific spot rate increases again in run-up to the Chinese New Year.
05 Jan 2017
The last time the WCI composite index exceeded $1,700 per 40-foot-equivalent unit was in March 2015.
03 Jan 2017
The sharp increase in freight rates at the end of 2016 will be temporary, with overcapacity dragging prices back down after Chinese New Year, according to industry watchers.
30 Dec 2016
Trans-Pacific spot rates to the United States shot up this week.
29 Dec 2016
Since Hanjin Shipping failed, the 2M has increased its share of imports from Asia to the United States.
27 Dec 2016
Trans-Pacific spot rates gave back some of their double-digit surge from last week.
16 Dec 2016
Surging trans-Pacific spot rates put the squeeze on US importers moving goods ahead of Chinese New Year celebrations in Asia.
15 Dec 2016
Asia-Europe and trans-Pacific contract rates are set to rise through 2017.
09 Dec 2016
Spot rates in the eastbound Pacific edged lower this week, but another modest spike in freight rates is anticipated later this month.
04 Dec 2016
Unless something changes dramatically, container lines risk a repeat of the brutal 2015 to 2016 contracting season; deepening industry losses are set to approach $10 billion this year alone.
02 Dec 2016
Eastbound trans-Pacific spot rates are sliding on the wind down of the peak season.
18 Nov 2016
Spot market rates have continued to decline on the Asia-Europe and Asia-US trades.
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