Spot rates decline on Transpacific trade
The voyage from Shanghai, China, to the US west coast is no longer the most lucrative spot route in the container market, writes Alphaliner. Most recently, spot rates have declined going into September.
by DANIEL LOGAN
Since the Covid-19 pandemic broke out and all the way into 2022, the Transpacific route from China to the US west coast has been one of the primary sources of income for container shipping companies.
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