Ocean rates out of Asia climbed significantly last week, with the latest daily prices already at US$8,200/FEU to North America West Coast, US$9,300/FEU to the East Coast, US$8,600/FEU to North Europe and US$7,900/FEU to the Mediterranean.
Peak season demand coinciding with Red Sea-driven capacity constraints and congestion has now pushed Asia – North America West Coast spot rates 60% higher than their February peak and prices to North Europe are 80% higher than highs seen in January....
https://container-news.com/freightos-weekly-update-rates-keep-climbing-on-early-month-increases/