Shipping rates at 13 year high; ATC seeks emergency relief

Shipping costs have reached a 13 year high. That means the global shipping industry is getting its biggest payday since 2008 as demand goes up.

The average cost to ship a “standard container” from Shanghai to New York has surpassed $10,000 dollars. In 2019, it was $2,500 dollars, but securing a late booking on the busiest route from China to the west coast could cost $20,000 dollars.

Just this week, the Ag Transportation Coalition sent a letter to the Biden administration, asking for emergency relief.


Ocean Shipping Reform Act: a fix to shipping container delays

Ripple effects from shipping container shortage being felt beyond the ports

The shipping container shortage has cost ag more than a billion dollars