While the Trump administration continues to dance a tariff two-step with its leading trade partners — tariffs on, tariffs off — the supply chain can likely expect continued frontloading by nervous shippers to keep ocean container rates elevated.
Asia-U.S. West Coast spot rates increased 3% to $5,078 per forty-foot equivalent unit in the week ending Jan. 31, according to the latest Freightos Baltic Index.
Asia-U.S. East Coast prices were up 1% to $6,718 per FEU.
The United States withdrew 25%...