Container rates plunge just in time for Christmas

Image: RailFreight.com

The average price for a 40-foot high cube container in China has decreased by 22 per cent. The reduced price comes at a critical time, between China’s Golden Week holiday and Christmas. Before that, container prices had reached record levels, with a container (40’ high cube) costing 8,516 US dollars.

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Author: Nikos Papatolios

Nikos Papatolios is editor of RailFreight.com, the online magazine for rail freight professionals.

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