Soaring Container Prices Are Short-lived, Thanks to Authorities

  • George Steer and Valentina Romei recently drew consideration to the surge in transport prices on key routes comparable to east Asia to northern Europe.
  • The place the value of transport a typical 40ft container has soared from about $2,000 in November to greater than $9,000 at the beginning of this yr.
  • Throughout the summer season, costs on the route from east Asia to the US West Coast virtually trebled from about $1,500 per container.
  • It is recognized within the trade as forty-foot equal...

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