A more than 30% one-week drop in rates from Asia to the US West Coast is showing that the import rush sparked by the temporary pause in higher US tariffs will apparently be short-lived.
OTR Solutions had alleged in a lawsuit that load board provider DAT violated a non-compete agreement by acquiring a rival factoring company.
Despite ongoing efforts to clear out logjams triggered by the brief work stoppage, berth waiting times for vessels arriving at the country’s busiest port have risen to their highest this year.
