26
May
In this week’s Roar: Trans-Pacific rates hold steady, Europe’s negotiation with Iran, truckload rates jump, US indicts four Chinese container makers, and building an ethical beauty supply chain.
Data shows Trans-Pacific ocean freight rates have remained mostly flat lately, even as the industry moves into the traditional peak shipping season. While rates on major Asia–U.S. lanes are still up significantly since late February, much of the increase has been driven by capacity being limited by carriers and geopolitics as opposed to market demand....