Tariffs could push trans-Pacific container rates to 2024 highs: Freightos

Capt. John

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%...

https://www.freightwaves.com/news/tariffs-could-push-trans-pacific-container-rates-to-2024-highs-freightos

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