Urgent Alert! U.S. Route Freight Rates Soar 31.9%, Space in Short Supply, Sailing Schedules Disrupted—How Should Buyers Respond?
Freight rates go up unexpectedly: 31.9% in one week. The Shanghai Shipping Exchange’s most recent report, from October 17, showed that the cost of shipping goods from Shanghai Port to major ports on the U.S. West Coast had risen by 31.9% from the week before, reaching $1,936 per FEU. The cost of shipping to […]
