According to statistics from Drewry on world container freight rates, as of 20th April 2023, the 40 feet container freight rate was $1,774, down 83% from $10,377 in September 2021 and lower 34% compared to the average over the past 10 years of 2,688 USD. The current tariff is equivalent to the end of 2020, but still 25% higher than 2019's $1,420. In the past year, freight rates for routes have decreased significantly, specifically, the Asia-Europe route has decreased by 81-85%, Asia-US by 75-79%, the Americas-Asia and Europe have decreased 18 - 21%. As a rule, ocean freight rates will have a...
