Trans-Pacific container freight rates up 184%
date:Nov 13, 2020
ned that these record-breaking freight rates will not last long. Although freights of the routes between Asia to the west and east coasts of the United States have stayed at record levels in the past three months, shipping companies have injected a lot of capacity into these routes and the United States is in recession.

Sea-Intelligence pointed out that shipping companies have injected record capacity in the fourth quarter. In order to meet the current high level of demand, the weekly capacity
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