
Oceangoing bulk containers are again in short supply in the U.S. and rates are soaring. From the West Coast to Asia, they’re up about $200 per 20-foot unit since June, talk is that carriers will hike rates by at least $240 more in April, space on ships is short, too. Carriers have stopped taking some bookings and revoked others. 93% of containerized ag exports go to East and Southeast Asia.
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