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Asia-to-US container rates spike 109% since Iran war started

CJPN24 AI Desk••2 min read
Asia-to-US container rates spike 109% since Iran war started
Asia-to-US container rates spike 109% since Iran war started
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The spot rate for a 40-foot container to northern Europe from Asia rose to $3,649 as of Friday, a 27% increase from week earlier
Cargo ships, oil tankers and other vessels off the shore of Singapore.

Photographer: Ore Huiying/Bloomberg
Container ship..

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Source: Moneycontrol.com

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