Container shipping rates finally drop, costs from China to US down more than 30%

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Container shipping rates have been declining since late September, with the freight costs from Asia to the United States falling by more than 30 per cent, offering some respite to exporters struggling amid surging shipping cost since the second half of last year.

Shipping cost from the Port of Nanshan and the Port of Yantian, both in South China's Guangdong province, to the West Coast of the United States have dropped by more than . . .

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