Transpacific container contracts ‘substantially below’ initial asking rates
2024-04-10 11:32

Transpacific container contracts ‘substantially below’ initial asking rates

by Hristijan Ivanov
Transpacific container contracts ‘substantially below’ initial asking rates

"The first batch of transpacific contracts are concluding for the May 2024-April 2025 period with analysts at Jefferies reporting Asia-US west coast rates are understood to be in the $1,40 to $1,500 per feu range, up from $1,200 per feu to $1,300 per feu last year. These agreements compare to current spot rates above $3,000 per feu." See the original story at: Splash247.

Source: Splash247