Shipping & Freight #container shipping#freight rates
Asia-US East Coast Container Rate Hits New High of $9,400 Per FEU
Container rates on the Asia-U.S. East Coast lane hit a new high of $9,400 per FEU this week, according to FreightWaves, while West Coast rates rose 11% to $6,826 per FEU on the Freightos Baltic Index. The surge follows an early peak shipping season and comes as CMA CGM, Maersk and Mediterranean Shipping Co. expand or return to Red Sea services despite Middle East tensions.
Aug 11, 2026 1 source