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But still way above "normal", which is about $1000-$1500/TEU from China to Los Angeles.


Those rates have never been sustainable in the long run, back when you got around 2-3 k from Shanghai to Rotterdam. That was the time when Hanjin went under, for example. Great for shippers, bad for carriers. Then we had Covid, Ukraine and all that and rates are still far from normal. It seems to get better so.




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