# Port Congestion and Equipment Availability — JMC Global

> China-to-US ocean rates have risen through six consecutive general rate increases since June 1, 2020. A seventh increase planned for mid-September would push East Coast rates near $4,500 per FEU, and regulators in China and the US are considering intervention. Air cargo rates are also climbing as importers shift away from ocean delays.

- Date: 2020-09-23 · published 2020-09-23T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/10424-port-congestion-and-equipment-availability-jmc-global
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Container freight pricing is driven by the imbalance between demand and capacity in the transpacific trade. It does not directly move grain or feed ingredient freight rates.

## Sources

- jmc-global.com: https://www.jmc-global.com/marketupdates/strongmarket-overview-strongport-congestion-and-equipment-availability

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.