Container freight rates between Asia and the US West Coast (USWC) have surged to record levels.

Rates have risen amid signs that shippers are pushing out cargoes ahead of a potential second corona­virus wave.

Spot rates rose to an all-time high of $3,071 per 40-ft container (feu) this week.

That is more than double mid-May levels and 110% higher than the same time last year, according to the Freightos Baltic Index.