John Paul Hampstead
Monday, January 6, 2025
Why ocean container spot rates are spiking now
Eastbound trans-Pacific container spot rates just broke $5,900 — here’s why.
Eastbound trans-Pacific container spot rates just broke $5,900 — here’s why.
A key ocean container spot rate benchmark dropped nearly 18% this week.
Spot rates are back above breakeven and Zim’s costs are falling.
Lower inventories in the U.S. are pulling freight into the country.