Container freight rates continue to rise amid forecasts of another year of record-breaking profits for liner operators.
Rates from Asia to the US East Coast rose $114 to $6,226 per 40-ft container (feu) on 15 April, putting them nearly 10% higher than at the time of the Suez blockage, according to the Freightos Baltic Index.
The index registered a 53% spike in rates on the trade from North Europe to the US over the past two weeks to a multi-year high of $3,357 per feu.
