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Containers Ports and Logistics Freight rates

Relentless US demand boosts box rates to late-pandemic levels

  • Drewry WCI index for Shanghai-NY rises to $9,726 per feu, highest since September 2022; Shanghai-LA index is just below Red Sea crisis high recorded in July 2024
  • US containerised imports totalled 2.6m teu in August, according to Descartes, the third highest monthly total ever
  • In June-August, the Port of Los Angeles’ throughput was higher than in any other three-month period in its history, including during the Covid boom

  • Analysis

So much for the theory that US peak season would end early due to frontloading. Peak-level import volumes to US ports have persisted, pushing transpacific spot rates to fresh multi-year highs

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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