March: Market Summary Shipping Rates | Hellenic Shipping News Worldwide

But despite some signs that consumer spending may be ebbing and some reduction in congestion at LA/Long Beach, prices remain extremely elevated. Asia_US West Coast rates fell 2% to $15,811/FEU since last month, but are up 8% since the start of the year, are 168% higher than a year ago and are more than 10X pre-pandemic norms.

FBX Index March: Market Summary | Hellenic Shipping News Worldwide