Why this matters to buyers
Ocean freight rates remain elevated compared to historical norms, which could sustain higher landed costs for imported goods.
Recommended buyer actions
- Review ocean freight contracts and spot market exposure given sustained high rates.
- Consider alternative routing or mode shifts if cost pressures are significant.
Original source context
Although prices have gone down slightly, they are roughly in line with 2024 peak season levels during Red Sea and East Coast labor disruptions.
Read the original report · Supply Chain Dive