The Cost of Shipping Goods to the US Continues to Decline
While container rates have made their most significant declines just in the last few months, we are now well off the highs from August 2021 which priced the China/East Asia to East Coast route just under $21,000 and the China/East Asia to West Coast route at just under $20,000. This drop in freight rates will lead to a significant drop in the CPI (consumer price index) in the coming months.
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