Day: January 8, 2011

Trans-Pacific Benchmark Rate Jumps 10 Percent

Jan 8, 2011

Eastbound spot rates on the trans-Pacific opened the New Year with a hefty jump as shipping lines put peak season surcharges into effect until the Chinese New Year. The Drewry container rate benchmark for shipping a 40-foot...

Yang Ming Marine to buy containers, sees 2011 cargo growth

Jan 8, 2011

Yang Ming Marine Transport Corp., one of Taiwan’s leading shippers, said Thursday it is planning to spend more than NT$2 billion (US$68.56 million) to buy containers in 2011, expecting rising demand for cargo delivery. The...