Container shipping freight rates continued at their highly elevated levels for another week, as strong consumer demand in North America kept up the pressure on supply chains.
The Asia-US west coast component of the Freightos Baltic Index (FBX) edged up 1.5% week on week, to reach a new high of $5,627 per feu. At the same point last year, the rate was $1,669 per feu.
On the all-water Asia-US east coast trade, …

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Source: The Loadstar