The average spot market price to ship a 40-foot container from Asia to the U.S. West Coast jumped 34%, or $425, over the past two weeks to $1,659, according to Norway-based transport data firm Xeneta.

LONDON – Spot ocean container rates actually fell this week, representing their first decline seen since they began to soar in early May.. Spot rates fell 2% this week to an average of $5,806 per ...

Ocean container rates on trans-Pacific services to the United States are trending lower but remain elevated from year-ago prices. Analyst Freightos (NASDAQ: CRGO) said Asia-U.S. West Coast rates ...

LONDON – Spot ocean container rates increased 9% this week to $1,661 per 40-foot container, putting them once again at levels much higher (+17%) than they were pre-pandemic.. According to Drewry’s ...

On Friday, the spot rate to send a 40-foot (12 meter)container from China to North Europe was $4,615, almost 3.5 times higher than on May 1, but below the all-time high of $14,407 on January 2022 ...

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MSC, the world's largest ocean freight company, announced new rates of $8,000 to $10,000 for 40-foot containers to the U.S. West Coast, valid from May 15-May 31. Wan Hai has said it will charge a ...

A container ship travels from Asia across the Arctic Ocean toward Europe. Rome -- Maritime history was made this month with the passage of the first commercial container ship through the Northern ...

CNBC has learned that logistics managers were quoted this morning an ocean freight rate of $10,000 per 40-foot container from Shanghai to the U.K. Last week, rates were $1,900 for a 20-foot ...