The average spot freight rate in the eastbound trans-Pacific trade experienced another $100 per 40-foot-equivalent unit drop this week, the third weekly decrease of the same amount since a $250 jump in the week of Sept. 4, due to a Sept. 1 general rate increase in the lane. The current rate now sits at its lowest level since Mar. 7, 2012.
Error messageAll JOC.com content is now available to all visitors, but we do ask you to login or sign up to view content. Read why here. Please Login/Sign Up Here.
Drewry Eastbound Trans-Pacific Rate Falls to 19-Month Low
More on JOC
Dec 12, 2013 11:00AM EST
Nov 21, 2013 2:00PM EST
Nov 12, 2013 2:00PM EST