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China-to-California container rates are approaching $4,000 per FEU amid a surge in U.S. imports. An analyst report calls container shipping an unsung hero, and FreightWaves interviewed analysts on how investors can gain exposure to the rate spike.
The Freightos index showed Asia-to-West Coast spot rates at $3,835 per FEU.
The story concerns container liner equities and their link to spot rates rather than physical feed trade. It has no direct price implication for feed commodities.
freightwaves.comGreg MillerSep 23, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
