Importers may have won a reprieve — however temporary — from tariffs on the United States’ largest trading partners, but the threat of new levies is still helping keep container rates elevated on trans-Pacific ocean lanes.
Rates for Asia-U.S. West Coast containers fell 3% to $4,763 per forty-foot equivalent unit in the latest Freightos Baltic Index for the week ending Feb. 14.
Asia-U.S. East Coast rates declined 4% to $6,398 per FEU.
The Trump administration this past week pulled back on...