Trans-Pacific container freight rates up 184%
date:Nov 13, 2020
of trans-Pacific routes will increase by 20% in the fourth quarter. After the significant drop in capacity in the previous period, container liner companies not only resumed services but also increased the capacity of some routes by one-fifth compared with last year. However, as the economic situation deteriorates, there are questions about whether demand will last.

The container liner companies did not curb the shipping capacity in order to increase the freight rate, but rather restored capaci
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