News / No rate relief for shippers on main box trades as consumer demand persists

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Container shipping freight rates continued at their highly elevated levels for another week, as strong consumer demand in North America kept up the pressure on supply chains.

The Asia-US west coast component of the Freightos Baltic Index (FBX) edged up 1.5% week on week, to reach a new high of $5,627 per feu. At the same point last year, the rate was $1,669 per feu.

On the all-water Asia-US east coast trade, today’s FBX reading stood at $7,674 per feu, a week-on-week ...