Container Rates From Asia May Double to $10,000 in June, Shippers Say

(Bloomberg) — Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates, according to prices circulating between carriers and importers.

Marseille, France-based CMA CGM SA, the world’s No. 3 carrier, announced a $7,000 rate for a 40-foot container for the second half of June for goods shipped to northern Europe from Asia. That’s up from the current charge of about $5,000. For the first half of June, rates range from $6,000 to $6,500, with premium service offered at $7,500 to $10,000.