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According to the Drewry World Container Index (WCI), spot freight rates across the Shanghai-to-Los Angeles trade lane jumped 6 percent on a weekly basis to $1,896 per container, while rates for Shanghai-to-New York containers increased 5 percent to $2,975.

Data Suggests America’s Imports Are Falling While Container Rates Perk Up

Drewry says freight rates out of Shanghai to both Los Angeles and New York are up, but it's a different story for other routes.
By Glenn Taylor

Latest In Logistics

A Stitch Fix warehouse in San Francisco.

Why Stitch Fix and Big Lots are Getting Rid of Warehouse Space

Container ships at the Port of Oakland

Port of Oakland Shuts Down After Dockworker Dies on the Job

The newly granted exemption allows Ameriflight to conduct unmanned aircraft systems (UAS) operations that can offer passenger and cargo service to remote areas.

Cargo Airline Gets FAA Go-ahead for Delivery Drones

Since debuting the fund in April 2022, the e-commerce giant has deployed roughly $110 million thus far into businesses.

Does Amazon’s $1B Logistics Fund Signal Wider VC Slowdown?

Candor Expedite

Chain Reaction: Candor Expedite’s Nicole Glenn on Turning Its Partners into ‘Supply Chain Heroes’

Total Terminals International (TTI), one of six container terminals at the Port of Long Beach, decided to close "based on its own operational needs," according to a representative for the port.

What Happens if West Coast Port Disruption Drags On

An Amazon associate picks items from a mobile shelving unit called a pod at an Amazon Robotics fulfillment center in Orlando, Fla.

For Detecting Damaged Goods, Amazon Says AI Is 3 Times Better Than Humans

According to IATA data, global air cargo demand fell 6.6 percent year over year in April, while capacity surpassed pre-pandemic levels for the first time.

Air Demand ‘Challenging to Read,’ but Lower Prices Were Good News for Gap, A&F

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