News / More blank sailings 'a harbinger' of soaring rates on the transatlantic

Container spot rates on the transatlantic headhaul North Europe to North America east coast tradelane have recovered to pre-pandemic levels, but have so far not seen the hyper-inflation impacting other routes.

According to Friday’s Freightos Baltic Index (FBX) reading, the price for a 40ft container on the route stood at $2,026, which is on par with the rate in April last year and compares with a low of $1,622 in September.

But the lull could end soon, according to one leading analyst, ...