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Transpac spot rate climb takes a holiday as Golden Week arrives
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Transpac spot rate climb takes a holiday as Golden Week arrives
The beginning of China’s Golden Week national holiday yesterday appears to have coincided with a plateauing of the strong pricing peak that persisted on the transpacific trades throughout September. “Spot rates from Far East to the US ticked up again on 1 October, but we can say with a level of confidence that the market has reached its post-Hormuz crisis peak in 2026,” said Xeneta chief analyst Peter Sand. The data signals ...
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