The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia increased by 0.4% to $1732.86 per 40ft container this week (updated Thursday, 30 January 2020).
Two-year spot freight rate trend for the World Container Index:
The National Retail Federation has increased its projections for US ocean imports in Q4, suggesting that many importers are frontloading shipments ahead of a possible East Coast port strike in…
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