Trans-Pacific Spot Rates Remain Steady

Trans-Pacific spot rates paid by NVOCCs have remained relatively unchanged for the fourth consecutive week according to analysts. The spot index of Hong-Kong to Los Angeles remained at $2,711 per 40-ft container (FEU), which is where it has averaged since mid-September. This is about 6 percent lower than the peak of $2,880 (mid-August).

Year over year, the index is 82.5 percent higher than it was in the same period last year.