New return: Another container line is back in the Red Sea

While unfounded fears of higher tariffs helped drive what amounted to unexpected demand by anxious shippers this summer, other assorted geopolitical intrigue is keeping the container market on edge. Asia-U. S. West Coast prices increased 1% to $6,826 per forty foot equivalent unit (FEU), according to the latest Baltic Index from SONAR data contributor Freightos. Asia-U.