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Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens

  • ‘I don’t see it really getting better this year,’ CEO says
  • The queue of anchored ships off L.A.-Long Beach persists

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Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated for companies heading into a peak season for rebuilding inventories.