Transpacific spot rates hit fresh highs: USWC $7,422, USEC $9,432

Summary

The Baltic Exchange freight index shows transpacific container rates leading the market in the week to 14 August, with FBX01 (China/East Asia-US West Coast) up $410 to $7,422 and FBX03 (US East Coast) up $288 to $9,432 per 40ft box. Both routes trade at historically elevated levels as carriers defend pricing into late Q3.