Corianne Egan is associate editor with the JOC.
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The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.

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CMA CGM Corte Real
CMA CGM, the world’s third-largest carrier in deployed capacity, increased revenue and cut operating expenses in the April through June period according to quarterly figures released today.
The number of containers moving through major North American ports was up over 4 percent in the first half of 2014, port statistics show.
Officials at the Port of Hueneme hope that a new funding bill will help them become more competitive in years to come.
Drewry’s Hong Kong-Los Angeles container freight rate benchmark was unchanged for the second week in a row at $2,075 per FEU.
Spot rates in the trans-Pacific trade are holding steady as peak-season volumes continue to keep capacity tight on trips to the U.S. East and West Coasts.
The International Longshore and Warehouse Union and the Pacific Maritime Association released a joint statement on Tuesday saying they have come together on at least one topic, and a highly...
The price for air freight per kilogram on the spot market rose 0.8 percent to $3.32 in July
Air freight pricing is stable for the moment, but with the holiday season on the horizon Drewry is predicting prices will shoot up in coming months.
Asian Gypsy Moth
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
The International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, spelling the end to an embittered, two-year battle between...
Port San Antonio named a new president and CEO on Aug. 25, tapping a 25-year economic development veteran to lead the inland industrial development agency.
The market for container terminals in the U.S. is being helped by cheap prices, low risk, and the advent of automation, according to the latest newsletter from industry analyst Drewry Maritime...