Transpacific liner operators are set to push for more freight rate increases next month as they attempt to seal long-term contracts.
But their ability to implement another round of General Rate Increases will require a big rise in the number of blanked sailings, according to analysts.
Rates from Asia to the US West Coast were down $200 to $1,311 per 40-foot equivalent unit (feu) on 24 May, amid lingering concerns over the strength of demand and inventory restocking.
