- Container leasing rates on the China-US trade route have experienced an unprecedented threefold surge, escalating by 223% following the Red Sea crisis.
- This surge, noted three months into the crisis, is indicative of a substantial impact on global shipping rates.
- Despite economic concerns, the U.S. has exhibited resilience, with a 3.3% GDP rise in Q4 2023. As the U.S. economy shows signs of recovery, container demand is expected to rebound.
- Industry experts anticipate increased demand for...
https://mfame.guru/china-us-container-rates-surge-threefold-reshaping-global-shipping-dynamics/