Freight Rates Climbing Higher than Anticipated this Peak Season
![Freight Rates Climbing Higher than Anticipated this Peak Season](https://mohawkglobal.com/wp-content/uploads/2020/04/Rate-increase-peakseason-client-alert.jpg)
Freight rates across all sectors may be higher than anticipated this peak season. Ocean carriers have increased rates through a series of small general rate increases leading to a large jump effective August 1. The contributing factors include Reduction in Vessel Sharing Alliances (VSA) on trans-pacific trade 4% increased demand in first half of 2018…
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