date:Jul 27, 2021
space has risen as economies reopened after lockdown measures because of the pandemic. Container shipping has a peak season for goods from Asia to the US from about July to October but the added demand kept volumes above typical peak season levels.
Rates began to spike in Q4 2020, driven by the shortage of containers, and after some easing, shot up again when the Ever Given became lodged in the Suez Canal. Rates continued rising recently when an outbreak of COVID-19 infections at the port of