Spread between East, West coast ocean spot rates returns to pre-pandemic levels

Spread between East, West coast ocean spot rates returns to pre-pandemic levels
The premium rate that importers had been paying to ship Asian imports through the US East Coast has dropped considerably over the past few months, allowing the spread between East and West coast spot rates to narrow to pre-pandemic levels.
Spread between East, West coast ocean spot rates returns to pre-pandemic levels
Journal of Commerce