The China-to Mexico ocean trade has seen record-breaking demand, with growth up by 18.9 per cent YoY in the first nine months this year, Xeneta said.
This volume growth reached an all-time high in June.
Such demand growth hit freight rates.
On July 1, 2024, just as demand reached its peak, average spot rates from China to Mexico West Coast hit $7,770 per FEU—a YoY rise of almost 200 per cent.
This volume growth reached an all-time high in June.
Such demand growth hit freight rates.
On July 1, 2024, just as demand reached its peak, average spot rates from China to Mexico West Coast hit $7,770 per FEU—a YoY rise of almost 200 per cent.
