Container Shipping Prices Skyrocket as Rush to Move Goods Picks Up

July 06, 2021

Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives expect to remain tight for the rest of the year. The average price world-wide to ship a 40-foot container has more than quadrupled from a year ago, to $8,399 as of July 1.

Full Story at The Wall Street Journal >