Xeneta: Long term container freight rates from US to Far East falls – now back in line with spot market

Peter Sand

After months of long term rates being significantly more expensive than short term rates on the backhaul US to Far East trade, a fall in long term rates at the start of Q2 has brought the two back in line.
Link to analysis: Xeneta Weekly Container Rate Update – week 16

In mid-March, long term rates were USD 350 per FEU higher than the spot market for containers going from the US East Coast towards the Far East. Since then, long term rates have fallen by USD 250 per FEU, while spot rates...


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