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Trans-Pacific trade armistice temporarily easing uncertainty for carriers and importers as rates hit yearly highs. The post Ocean rates highest in a year amid US-China trade truce appeared first on FreightWaves.
Trans-Pacific container rates remain near peak-season highs amid resilient U.S.-bound demand and congestion in Asia. The post But no pandemic high: Asia-US container rate at $9,600 appeared first on FreightWaves.
Container carriers Red Sea return is lowering some rates but increasing exposure to potential new disruptions. The post Houthi gains deepen risk as carriers restore Red Sea services appeared first on FreightWaves.
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