Trans-Pacific spot rates explode amid accelerating Red Sea carrier

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While shippers adapt to the complicated market environment in the short term, they are also casting a wary eye on annual service contract negotiations with carriers that will heat up early next year.

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Key stats amid surging Red Sea shipping costs 🚢

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Trans-Pacific spot container shipping rates are inching up

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Trans-Pacific spot container shipping rates are inching up

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Trans-Pac spot decline bodes ill for peak volumes

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