Logistics managers should be prepared to see an increase in ocean contract rates for both Asia-Europe and trans-Pacific lanes in 2017.  This would be the first increase in contract rates since 2010.  Historically low 2016 contract rates triggered a year of mergers and acquisitions and contributed to the Hanjin bankruptcy.  Many importers are not surprised to hear about the expected increase and hope it will promote stability among carriers.  Importers and exporters need to be mindful this year of the challenges facing the industry including how alliances may alter service offerings. Additional details are available at: http://www.joc.com/maritime-news/trade-lanes/contract-rates-rise-2017-first-time-2010_20161215.html