Ocean freight rates from China to the USA are still increasing…

Due to the uncertain economy, lack of containers’ inventory, Europe recession and other factors, containers’ rates from China to the USA are at very high levels. The price for a container of goods has reached records and conditions are ripe for more increases even though spot rates usually soften this time of the year. New contracts being signed by some of the biggest US importers indicate that the spike won’t be a short-term period. For more information, click on the following link. https://www.freightwaves.com/news/inflation-alert-container-shipping-rates-have-just-spiked-again