Container shipping rates benefit from tariffs, trade issues and capacity cuts

Freight Waves. 13 August. 6 minute read.
Container shipping rates to both US coasts have risen, thanks to a buoyant US economy, tighter vessel supply, trade shifts and the tariff row. Spot container rates from Asia-to-US West Coast are at over USD 2000 per feu, up 75 percent and Asia-to-US East Coast rates are at USD 3,000 per feu, up 36 percent from the start of July.
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By | 2018-08-25T07:00:18+00:00 August 24th, 2018|Global Trade|Comments Off on Container shipping rates benefit from tariffs, trade issues and capacity cuts

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