ANALYSIS: Container Rates and Crude Oil Signal Freight Costs Have Not Yet Reached the Shelf

Container rates out of Asia have increased substantially in recent months. Through the most recent print in August, spot rates for 40ft dry containers stood at $9,421 from India's East Coast and $7,960 from India's West Coast, and $10,063 from Vietnam's East Coast — up from a range of roughly $2,500 to $3,000 as recently as this spring, a three-to-four-fold increase over several months...
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