{"id":9223,"date":"2024-04-09T15:34:24","date_gmt":"2024-04-09T15:34:24","guid":{"rendered":"https:\/\/axxessintl.com\/trans-pacific-container-rates-plunge-again\/"},"modified":"2024-04-09T15:35:00","modified_gmt":"2024-04-09T15:35:00","slug":"trans-pacific-container-rates-plunge-again","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/trans-pacific-container-rates-plunge-again\/","title":{"rendered":"Trans-Pacific Container Rates Plunge Again"},"content":{"rendered":"<p>Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year.<!--more--><\/p>\n<p>The Freightos Baltic Daily Index spot rate for China to the West Coast of North America fell from $3,620 per forty-foot equivalent unit to $2,976 per FEU this week, a drop of 17.8%. The rate has come down more than 36% since March 1 as steamship line networks have adjusted and capacity has loosened during the Red Sea crisis.<\/p>\n<p>A similar benchmark, the Drewry\u2019s World Container Index, Shanghai to Los Angeles, stands at $3,825 per FEU after declining from its high of $4,771 on Feb. 8.<\/p>\n<p>Read more in an <a href=\"https:\/\/ciffa.apms5.com\/anywhere\/m?s=ciffa&amp;m=s_8531e08d-3f75-4331-8237-ea6ed8b8e27a&amp;u=e1jq4wvfdtfm8dhg6n1k4hj45n2mad255mu36ha25n13ada35mt3jc1m6rtm8cj370uk8&amp;r2=d1u78w3k78qjyxvqewq6cwk5d5kpgx3qc5v6awtecdqpubvecnvq6bvme9gpwwtde1gp6ub6d5hjurvfdtu62ubecnt2uwk1ehjq6bbgdhupwtv55ngperb9dr&amp;n=6\">article from American Shipper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eastbound trans-Pacific ocean container spot rates plunged again this week as container ship capacity on the trade lane recovers and volumes reset at a lower level than they were pre-Lunar New Year.<\/p>\n","protected":false},"author":15,"featured_media":3348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1125],"types-de-nouvelles":[],"class_list":["post-9223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-freightos-baltic-daily-index-en"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/9223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=9223"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/9223\/revisions"}],"predecessor-version":[{"id":9224,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/9223\/revisions\/9224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/3348"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=9223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=9223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=9223"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=9223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}