SCFI: Asia-US Rates Jump as Asia-Europe Rates Continue to Erode

Spot container freight rates from Shanghai to U.S. ports saw some implementation of the upcoming general rate increase in the week of March 14. Both East and West Coast lanes saw increases of more than $100 per FEU. Member carriers in the Transpacific Stabilization Agreement planneda $300 per FEU increase to take effect on March 15 on the Asia-US trade lanes.
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