Geopolitical volatility keeps Year to Date container leasing rates elevated
Briefly

from London Business News | Londonlovesbusiness.com10 months ago
China to North America one-way container leasing rates rose in 2024 due to a widening price delta between China and the US, making China more expensive up until March.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/geopolitical-volatility-keeps-year-to-date-container-leasing-rates-elevated/
China to Canada ports experienced significant rate surges in March: Yantian to Toronto by 68%, Qingdao to Vancouver by 64%, Ningbo to Toronto by 35%, and more.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/geopolitical-volatility-keeps-year-to-date-container-leasing-rates-elevated/
China to US rates surged notably in Ningbo to Oakland route by 92% in a month, attributed to geopolitical disruptions like the Israel-Hamas war keeping rates elevated.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/geopolitical-volatility-keeps-year-to-date-container-leasing-rates-elevated/
Container leasing rates from Shanghai to Los Angeles increased in Q1 2024 compared to 2023, influenced by geopolitical tensions affecting global trade.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/geopolitical-volatility-keeps-year-to-date-container-leasing-rates-elevated/
Read at London Business News | Londonlovesbusiness.com
#global-container-leasing-rates #demand-increase #china-trade-routes #geopolitical-disruptions #tighter-market
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