Asia–US West Coast spot rate eclipses $4,000 per FEU: Drewry index

Asia–US West Coast spot rate eclipses $4,000 per FEU: Drewry index

According to Drewry's container freight rate index, some spot pricing from China to the US West Coast surpassed $4,000 per FEU this week, a psychological barrier that appeared to be insurmountable just last week due to admonitions from regulators in China and the US about aggressive carrier pricing.

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