Third GRI in a month pushes Asia-US container rates higher

2020-07-05
The cost to ship an FEU from Shanghai to the West Coast surged 8.5 percent, to $2,920 in the first week of July from the prior week, according to the latest reading of the Shanghai Containerized Freight Index. The FEU spot rates for the routing to the East Coast rose 4.7 percent, to $3,459, in the same period.
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