Freight rates for trans-Pacific ocean container transport from Asia to the United States fell for the week ending Dec. 6, as time ran out for importers to frontload shipments ahead of potential labor issues at U.S. ports in January.
Asia-U.S. West Coast prices fell 20% to $3,910 per forty-foot equivalent unit, according to the Freightos Baltic Index, and Asia-U.S. East Coast prices fell 16% to $5,145 per FEU.
The weaker trans-Pacific rates contrasted with Asia-North Europe prices, which increased...
https://www.freightwaves.com/news/freightos-sees-trans-pacific-container-rates-ease