Pre-tariff rush of goods from US to China sees air rates soar, but not for long
Beijing’s decision to impose higher tariffs on US goods has led to a rush of ...
Photo: ONE
By Mike Wackett
The ’jury is out’ on whether container spot rates have bottomed-out, but on the key transpacific and Asia to Europe tradelanes, the indices are clearly showing that the rate erosion from the stellar highs of a year ago is beginning to ease.
The average spot rate from Asia to North Europe seems to be settling at around $1,450 to $1,550 per feu, with for example Xeneta’s XSI component ticking down just 1% on the week, to $1,478 per 40ft.
And for Mediterranean ...
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