A Balancing Act for Pacific Ocean Cargo Carriers

In 2012, Pacific Ocean carriers negotiated with their eastbound trans-Pacific trade customers, with the objective of gaining increases from the low rates they charged to beneficial cargo owners (in-house cargo controllers) in service contracts. Their gains turned out...

The Trans-Pacific Freight Rate Race Begins

Trans-Pacific Freight Rates Here we go again, the start of the annual battle between shippers and carriers over trans-Pacific contract freight rates. Both sides are poring over economic data to figure out whether demand will increase enough to absorb all the new...

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