Red Hook CT Port of New York & New Jersey

While container spot freight rates have continued to decline in recent weeks on the main east-west trades, the transatlantic trade has once more bucked the trend, with a sudden upswing in pricing.

The rate for shipping a 40ft container from North Europe to the North America east coast have generally hovered around the $1,900 mark for the best part of this year, down from a peak of $2,158 per 40ft at the beginning of February, according to the Xeneta XSI index, ...

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