Shipping market analysts say new heights have been reached in China to US container shipping rates, they're now over $20,000 per 40 foot box. Weather issues off China's southern ports and outbreaks of faster spreading covid-19 variants have held back turnaround times, turning the container market into one dominated by sellers.

Shipping market analysts say new heights have been reached in China to US container shipping rates, they're now over $20,000 per 40 foot box.  Weather issues off China's southern ports and outbreaks of faster spreading covid-19 variants have held back turnaround times, turning the container market into one dominated by sellers.