Recently, freight rates for international shipping routes from Shanghai to both the US West Coast and East Coast have risen, with increases of approximately 30% and 20% respectively.
Worlds top shipping companies reach agreement with Yemens Houthi rebels to ensure safe passage through the Red Sea, potentially shortening Asia-Europe shipping routes and impacting global freight rates.
Maersk Suspends Red Sea Operations, CMA CGM Significantly Raises Asia-Mediterranean Freight Rates, Shipping Industry Faces Major Challenges.
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Shanghai Public Network Security Record No. 31011502009912
