Transpacific rates stable as trade continues

Capt. John

FREIGHT rates from Shanghai to Los Angeles fell two per cent to US$2,617 per FEU according to the last week’s Container Index of spot rates. Shanghai to New York decreased three per cent, or $95, to $3,611. Rates from Los Angeles to Shanghai remained stable. The slip comes in the face of US tariffs of as much as 245 per cent on some Chinese exports that have cratered US-bound exports as shippers cancel factory orders, carriers increase blank sailings and importers scramble to realign supply...

https://www.seanews.com.tr/transpacific-rates-stable-as-trade-continues/203225/

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