Oct. 23 at 8:00 PM
$ZIM Container freight rates from Asia to North America are experiencing a surprise rise in October that is likely to persist until November, as carriers have reduced their capacity.
Daily rates this week from Asia to the West Coast are above
$2.X,000 per 40-foot equivalent unit (feu) so far, according to Freightos’ head of research, Judah Levine.
Last week, the same route grow 18% to
$1.X,700 per feu, from a year-to-date low of about
$1.X,400 per feu the week before.