One Price Dodging Inflation: China-to-U.S. Shipping Rates

Shipping costs have cooled in latest months as some U.S. importers mood merchandise orders amid issues about elevated levels of inventory and uncertainty about continued strength in consumer spending.

Freight charges from China to the U.S. West Coast stood at $9,585 a field final week, down 34% from the beginning of the 12 months and 50% from a 12 months earlier, in response to the Freightos Baltic Index. Those charges, nonetheless, are greater than 4 occasions larger than in June 2020, and trade observers count on them to stay above prepandemic ranges by means of no less than 2023.