Worldwide container shipping rates rise after more than a year of declines
Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that helped ease the sting of goods inflation is over, the American Journal of Transportation reports. The Drewry World Container Index composite increased 11.8% to $1,761 for a 40-foot container, the fourth straight advance […]
