Displaying items by tag: Transpacific route

The Transporte de Inteligencia website, reports that shipping lines have initially been facing large increases in fuel costs; however, bunker prices have stabilized at a higher level and are not expected to exert significant pressure on rate increases in the second half of 2022.

The result is a drop in shipping demand and large rate reductions the second quarter and into the beginning of the third quarter. Worldwide headhaul rates are down 152 points year-on-year, however, this is still 249 points higher than their pre-pandemic level.