Carriers to Increase Rates September 1st
Ocean carriers in the Trans-Pacific trade have announced rate increases effective Sept 1, 2020. Rates to USWC ports will be increased by between $400-$450/container. IPI rate increases will also average between $400-$450/container while rates to USEC ports will be increased on average between $500-$700/container. Vessel space on the Trans-Pacific continues to be extremely tight despite … Continued