Disciplined supply-side management by shipping lines, as the industry moves into one of the most critical high seasons between China and the US in living memory, has pushed spot rates further into uncharted waters.
Rates between China and US West Coast (FBX01 Daily) reached USD$3,058/FEU, up 11% on last week’s previous all-time high, according to the latest numbers posted by Freightos Baltic Index.
Last-minute shippers looking to send goods via the Panama Canal direct to US East Coast ports were...
https://container-news.com/uswc-spot-rates-edge-into-uncharted-territory/