Reported about 10 hours ago
With the threat of a longshore strike at East and Gulf Coast ports eliminated, trans-Pacific container rates have stabilized. According to Freightos, rates for the Asia-U.S. West Coast remain steady at $5,924 per forty-foot equivalent unit (FEU), while East Coast rates slightly decreased to $6,898 per FEU. Demand increases ahead of the Lunar New Year have impacted prices, with significant gains compared to late December. Asia-Europe rates have also seen similar stability amidst shifting demands.
Source: YAHOO