Shipping container rates from China jump to 2-year high
- The Shanghai Containerized Freight Index jumped 12.6 per cent last week to 3,044.77, breaking the 3,000-level for the first time since August 2022
- The cost of shipping a 20-foot container from Shanghai to Europe is over US$7,000, an increase of about US$1,000 from a month ago, shipping executive says
