Despite Red Sea crisis inflation shock, ocean freight rates are headed down on key China-US trade route
A slowdown in demand for products manufactured in Asia has ocean carriers reducing freight rates on shipping routes from China to the West Coast and canceling sailings, despite elevated fears about a new round of supply chain inflation caused by the Middle East conflict. The cargo price cuts come…
#westcoast #middleeast #houthi #redsea #maersk #honourlaneshipping #eastcoast #alanbaer #olusa #egypt