✉news EnvironmentOceans first seen 14 h ago, last 1 h ago, peak #3
Golden Week slowdown may not ease transpacific ocean rates
Original: Golden Week slowdown may not be enough to ease Transpacific ocean rates
Chinese factories shut for Golden Week, cutting cargo volumes, but the demand slowdown may not be enough to push down ocean freight rates on the transpacific trade lane, according to Supply Chain Dive. Shippers and forwarders are watching whether carriers will enforce rate increases despite softer holiday volumes, a key question for importers already facing elevated freight costs.
Why now: Importers and logistics firms are anxiously watching whether container rates will finally ease ahead of the holiday shipping season.
Golden WeekTranspacific trade laneSupply Chain Dive
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Evidence
- Golden Week slowdown may not be enough to ease Transpacific ocean rates · Supply Chain Dive
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