In the space of just two weeks, transpacific spot rates have lost 40% of their value.
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Container spot freight rates on the transpacific trades continued their headlong descent this week, after another 20% was wiped off Asia-US west coast prices and 13% off Asia-US east coast.
In the space of just two weeks, transpacific spot rates have lost 40% of their value.
Main insights for the first half of January 2025
Continental routes for the delivery of goods from China to Europe and back over the past decade have come a long way, from test train shipments to the creation of stable, full-fledged railway container transportation routes.