Focus on container shipping freight rates for imports to the US East and West from China this morning. Comments below.
Up by 9% ($322/FEU) and 16% ($383/FEU) respectively, Xeneta data shows.
In Xeneta’s Weekly ocean container shipping market update on 28 March https://www.xeneta.com/news/xeneta-weekly-ocean-container-shipping-market-update-28.03.25,
I commented on the situation like this:
“We live in a volatile market so, while the general direction of travel has...