
Ocean Rates See Uptick Amid Tariff Turmoil
Ocean container rates from Asia to North America saw a slight uptick recently as the Trump administration’s tariff-driven trade strategy roils global markets, Freightos reported Wednesday. Rates from Asia to the U.S. West Coast were up 10% week over week to $2,465 per forty-foot equivalent unit, per an April 16 market update. Rates to...