TRANSPACIFIC CONTAINER TRADE ROARS BACK IN EARLY 2024
Transpacific container trade kicked off 2024 with a bang, experiencing a 16.9% surge in eastbound box volumes compared to January 2023. Lynerlytica predicts positive full-year growth after last year’s 15.1% decline. Capitalizing on this robust demand, carriers enjoyed freight rates over 200% higher than 2023. Industry heavyweights COSCO, CMA CGM, and Evergreen maintained their dominance, …
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