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Ocean Freight

Transpacific Contract Talks Wrap With Higher Base but Fewer Extras

Source: Container News · 2026-05-22
Summary

Container News reports the 2026 transpacific annual contract season closed with base rates modestly above last year but fewer ancillary commitments, as carriers prioritised spot and premium yields. BCOs securing committed space accepted higher minimums in exchange for allocation certainty. The outcome leaves a larger share of volume exposed to the volatile spot market through peak season.

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