Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions

While shippers adapt to the complicated market environment in the short term, they are also casting a wary eye on annual service contract negotiations with carriers that will heat up early next year.

Are the Red Sea crisis and Lunar New Year impacting the Transpacific market?

Gabriela Olivera on LinkedIn: All of the top ten ocean container carriers have been accused by shippers…

Marcelo Hernandez on LinkedIn: US Claims Huge Chunk of Seabed Amid Strategic Push For Resources

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Tim Gundlach on LinkedIn: THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts…

Concerns Over Freight Rate Increases From Asia to North America and Europe in January 2024 Before

Tim Gundlach on LinkedIn: UPDATE: USWC disruptions continue as ILWU flexes power amid wage, manning…

Trans-Pacific carriers hit customers with higher rates, flurry of surcharges - Farrow

Trans-Pacific Spot Rates Hit 20-Month Low