China to US freight rates continue their dizzying bull run with some commentators predicting that the China to US West Coast prices will surpass the US$4,000-mark next month.
Container spot rates between the world’s two largest economies continue to soar with the Freightos FBX01 Daily index posting a third consecutive historic record and positioning the FBX03 Daily US east coast index to follow it into uncharted territory next week.
China-US West Coast prices for a 40ft box were up 7% since last...
https://container-news.com/us-wc-rates-to-top-us4000-in-september/