Worldwide container shipping rates rise after more than a year of declines
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Spot rates for shipping containers jumped by the most in more than two years, a sign that a 16-month slump in ocean-freight costs that helped ease the sting of goods inflation is over, the American Journal of Transportation reports. The Drewry World Container Index composite increased 11.8% to $1,761 for a 40-foot container, the fourth straight advance […]