Story thread · 2 reports / 2 sources

Late peak demand sees container spot rates to the US surge

theloadstar.com · 10dShare

Container spot freight rates on the transpacific and Asia-Europe trades completely diverged this week, with a late peak season demand surge prompting freight prices to both east and west US coasts to spike. This week’s World Container Index (WCI) from Drewry saw its Shanghai-New York leg rise 3% week on week, to end at $9,587 per 40ft, almost triple this time last year’s $3,677. Meanwhile, the Shanghai-Los Angeles route was up 5% ... The post Late peak demand sees container spot rates to the US surge appeared first on The Loadstar .

First report: Container Spot Rates Hold Steady as Transpacific Gains Offset Asia-Europe Declines — gcaptain.com, 11d