Transpacific rates were largely unchanged over the past week with rates to the
West Coast rates remaining firmer than the East Coast but sentiment is improving
on both coasts as capacity utilization has been stronger than expected with
several extra loaders notably by Maersk being added to cater to the overflow
cargo.
THE Alliance’s announcement late last week of the withdrawal of the EC4 in
November will help to remove the surplus capacity on the East Coast especially
on the Suez route which i