Transpacific rates hit new heights – now three times higher than Asia-Europe

Transpacific container shippers are paying more than three times as much as their Asia-North Europe counterparts, as freight rates on the headhaul leg from Asia to the west coast North America hit unprecedented highs.
According to new analysis from Alphaliner, after the Shanghai-Los Angeles SCFI spot rate reached a record $3,758 per feu on Friday, North American shippers and forwarders are now paying carriers $0.64 per nautical mile.
In contrast, North European …

The post Transpacific rates hit new heights – now three times higher than Asia-Europe appeared first on The Loadstar.

Source: The Loadstar

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