Container freight spot rates shot up on the transpacific trades this week, with an immediate surge in demand following news of a new 90-day hiatus in the China-US trade war.
This week’s World Container Index (WCI) from Drewry, which records spot rates paid over the past week, showed prices on its Shanghai-Los Angeles leg increase 16% week on week, to end at $3,136 per 40ft, while the Shanghai-New York leg climbed even higher, with a 19% gain on the previous week.
An article by Ranking.kz analyses the reasons and consequences of increasing railway transportation tariffs in Kazakhstan, examining their necessity for infrastructure modernisation and potential impact on the economy
