Tag: transPacific

Confluence of factors drive trans-Pacific volume surge, space crunch

When tight capacity meets unexpected volumes, price elasticity goes wild as container lines have learned from the pandemic to...

Global Container Spot Rates Jump 9% as Transpacific, Asia-Europe Trades Tighten

Global container freight rates continued their upward climb this week as tightening capacity and strong seasonal demand pushed prices...

Latest spike in spot rates could be last hurrah for trans-Pacific carriers

‘Acute’ truckload capacity shortage seen pushing up LTL demandAs truckload capacity in the US gets tighter and rates move...