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Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow

SINGAPORE : Rates for shipping containers from east Asia and China to the US continued to fall this week and are nearing the levels seen at the start of the

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Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow

Asia-US container rates continue to fall, nearing pre-pandemic levels as imports slow
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Ocean Spot Rates Whipsaw on Key Trade Routes as Consumer Demand Slows Into Peak Shipping Season

Ocean spot rates had been declining as consumer demand softened, but are higher again on key trade routes from Asia as shipping container supply tightens.

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Shanghai s Mass COVID Testing Raises Spectre of More Lockdown Disruption

By Sam Whelan (The Loadstar) – With mass testing again underway, there are renewed fears that Shanghai could go back into lockdown and disrupt peak season. It’s only been five weeks.

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