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The fear of U.S. tariffs pushed short-term demand and air freight rates in the transpacific this peak season, but rates have also been remarkably strong in the transatlantic and Europe-to-Asia routes this year.
Spot container rates from Shanghai to the U.S. West Coast stood at $1,895 per FEU as of Jan. 11, while rates from Shanghai to the U.S. East Coast totaled $3,040 per FEU, down 2 percent and 2.5 percent, respectively, from a week prior, according to the Shanghai Containerized Freight Index.
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