Ocean Container Rates Becalmed as Shippers, Carriers Try to be Calm
Ocean container rates on U.S. trade lanes are drifting with the tides as shippers and carriers sweat chaotic trade negotiations and a looming tariff deadline that could again change the calculus of the supply chain.
In the past week a series of agreements were forged between the United States and several key trading partners, specifically the European Union and Japan, notes shipping analyst Freightos. These deals set a new standard with a 15% baseline U.S. tariff on most EU and Japanese exports. The U.S.-EU agreement maintains this tariff...
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