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Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and pricing has supplanted Middle East disruptions as top-level concerns.
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zerohedge.com
Hormuz In The Rearview As Asia-US Ocean Container Rates Soar Past $7,900
The container shipping market is being driven by geopolitics, rates, and network reshuffling, but freight-rate volatility and adjustments by carriers to protect schedules and…
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supplychaindive.com
Transpacific ocean rates fueled by early peak, frontloading
Spot rates from Asia to the U.S. West Coast are up 120% since mid-May, while the East Coast lane is 85% higher compared to the last six weeks, according to Freightos.