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...