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China United States Containers

Transpacific rates tank as carriers race to the bottom

Drewry’s Hong Kong-Los Angeles container rate benchmark reported a startling 18.1% drop this week to $4,052 per feu

  • Analysis

Market is seeing rates of below $4,000 per feu on offer, with another $1,000 discount in sight. The levels are said to be approaching the breakeven point even for the larger carriers

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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