‘Money on the table’ as US container rate spread hits $3,334
AI Summary
US container freight rate spreads reached $3,334 amid partial carrier returns to the Suez Canal, but rates have not yet responded to these changes. The widening US coast-to-coast rate spread is creating lucrative opportunities for shippers.
Partial carrier returns to the Suez Canal are yet to move freight rates, while a widening US coast-to-coast spread creates opportunities for shippers.