Transpacific rates for shipping containers continue to plummet – dropping below $4,000/FEU (40-foot equivalent unit) – as consumer demand for goods begins to wane. Amid persistent inflation and moves by the US Federal Reserve to stem rising costs through interest rate hikes, the National Retail...
https://www.hellenicshippingnews.com/asia-us-pacific-coast-container-rates-continue-to-plummet/