US election uncertainty, labor strikes & container leasing rate surges

Container leasing rates from China to the US continue their upward trajectory, with rates increasing by up to 85% on key routes. These one-way container leasing rates spiked by an average of 28% on the China-US stretch. The biggest spikes were witnessed from Shenzhen to Long Beach (85%) and from Ningbo to Los Angeles (65%). The upcoming US elections and […]