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Asia to US East Coast ocean rates rise to new high
['Alejandra Carranza']
Supply Chain Dive - Latest News
Spot rates from Asia to the U.S. West Coast are at $6,826 per forty-foot equivalent unit, up 11% week over week, according to Freightos. By the numbers $6,826 Spot rate per FEU from Asia to the U.S. West Coast, as of Aug. 11 $9,144 Spot rate per FEU from Asia to the U.S. East Coast, as of Aug. 11 The anticipated early peak season appears to be lingering, with sustained import volumes through this month and ocean shipping spot rates increasing this week, according to Freightos and a National Retail Federation press release.