Trans-Pacific Rates Fall Again

Average container spot rates fell again this week for the eastbound trans-Pacific trade routes, eliminating the $200 per FEU gain attributed to the last general rate increase (GRI) in the first week of August.

The trans-Pacific spot rates fell $100 to $1,936 for this week, a loss close to 5 percent. These rates are the same level seen the week of July 24th, prior to the last GRI. The latest benchmark is 29.1 percent lower year-over-year and 12.5 percent down from the level seen at the beginning of 2013.

This entry was posted in Blog, Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

118,885 Spam Comments Blocked so far by Spam Free Wordpress

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>