Slowdown to continue post-LNY, says Freightos
Asia-U.S. West Coast prices dropped 3 percent to $1,377/FEU, according to the latest update from Freightos. This rate is 91 percent lower than the same time last year. "Asia-U.S. East Coast prices fell 10 percent to $2,924/FEU, and are 82 percent lower than rates for this week last year. Asia-N. Europe prices increased 11 percent to $2,405/FEU, and are 83 percent lower than rates for this week last year."
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