Morning Minute | September 3, 2025
Container rates remained largely unchanged last week despite a drop in freight volumes on most major trade routes. Rates from Asia to the US West Coast ports held steady at $1,700 per FEU, and $2,700 per FEU to East Coast ports, as carriers grapple with demand ahead of China's Golden Week. You can read more about this in "Ocean rates unchanged even as freight volumes decline - FreightWaves". Six individuals were arrested in Louisiana for a scheme to falsely issue Class A Commercial Driver's Licenses without applicants completing the required tests. This conspiracy involved bribes to pass both…
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