The cost of shipping a 40-foot box to Los Angeles has risen for 10 straight weeks and is now nearly triple levels seen before Iran-linked disruptions shook global shipping lanes.
Shanghai-to-Los Angeles container rates climbed to $6,482 for a 40-foot box, marking the highest level since 2024. The route has posted gains for 10 consecutive weeks, with prices now nearly triple where they stood before Iran-linked disruptions began unsettling global shipping lanes. The move points to renewed strain in freight markets, where security risks and route dislocations can quickly drive up costs for carriers and importers.