Ocean container rates on trans-Pacific Asia-U.S. services continued their December rise, ahead of a possible longshore strike and tariffs concerns in the new year.
The Freightos Baltic Index for the week ending Dec. 17 showed Asia-U.S. West Coast rates increased 10% to $4,301 per forty-foot equivalent unit. Asia-U.S. East Coast prices gained 13% to $5,814 per FEU.
“The pull-forward for the strike is likely exhausted by now as the pre-Jan. 15 arrival window has closed,” wrote Judah Levine, head of...
https://www.freightwaves.com/news/asia-us-container-rates-climb-in-latest-freightos-index