Container rate increases are expected on the Trans-Pacific Eastbound

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If you are involved in the movement of containerized ocean freight, you are undoubtedly familiar with the beast known as the Trans-Pacific Eastbound (Trans-Pac Eastbound). The Trans-Pac Eastbound is the given name for regional trade lane for ocean containers that originate in East Asia and are shipped across the Pacific Ocean, destined for the U.S. For at least the last ten years in the ocean container trade, this trade lane has reigned supreme as the most important for U.S. importers, with over 20 million twenty-foot equivalent units moving each year since 2012. In fact, no other container trade lane for U.S. imports even comes close to moving the amount of container volumes that this lane is responsible for.