Tag: transpacific
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Box rates on the transpacific soar amid strict capacity discipline
[ad_1] Barring the pandemic bonanza years, box rates on the transpacific are soaring to highs not seen since 2012 for this time of year, a testament to carriers’ tight capacity discipline amid what some are labelling as a disappointing peak season. Drewry’s latest spot rates on the Shanghai – Los Angeles route soared by 6%…