#trans-pacific-rates
(4 articles)Trans-Pacific Spot Rates Hit Record Highs Amid Demand Surge
Trans-Pacific ocean freight spot rates have climbed to unprecedented levels, driven by a combination of strong import demand and persistent port congestion across major North American and Asian gatewa
Trans-Pacific Spot Rates Hit New Highs Amid Port Congestion
Trans-Pacific container freight rates have reached new highs, driven by a confluence of factors: unexpectedly resilient peak-season demand beginning in May, port congestion from successive typhoons ac
Drewry Index Falls as Trans-Pacific Ocean Rates Decline
The Drewry Container Rate Index, a widely-followed benchmark for global shipping costs, has recorded a downturn driven primarily by weakening trans-Pacific freight rates. This decline reflects broader
Ocean Rates Surge as Shipping Chaos Persists Post-Conflict
The cessation of U.S.-Iran hostilities has not brought relief to global container shipping markets. While the Strait of Hormuz is reopening and stranded vessels are beginning to transit out, ocean fre