Asia-USWC spot rates spike as Chinese New Year holiday looms
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February.
Source: The Loadstar
The country’s testing rules, combined with a lack of test kits for transport workers, has skyrocketed staff shortages in container logistics, putting the sector under strain. Source: The Loadstar
Shanghai port recorded the highest container volume in 2021 with a 3% growth YoY, maintaining its position as the busiest port for 12 consecutive years. Source: Seatrade Maritime
The average number of ships waiting per day at Asian ports increased from 13 in December 2021 to 22.5 per day last month. Source: Seatrade Maritime
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