Reported 1 day ago
In late November, container shipping rates from Asia to the U.S. remained robust, defying the typical post-peak season slowdown. Average rates stayed above $5,000 per forty-foot container, with East Coast rates exceeding $6,000, attributed to political and labor uncertainties, including potential strikes and anticipated tariff increases from the Trump administration. While West Coast rates saw a slight decline, the overall market reflects heightened urgency among importers to secure shipments given the evolving trade climate.
Source: YAHOO