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Container rates between US and China climb to record highs

China decided to summon container lines to a meeting in the same week that rates on key routes from China to the US climbed to record highs. Freight to Los Angeles has increased by 185 percent in a year, writes Jefferies.

The port in Los Angeles is one of the biggest in the world, where rates have increased by 185 percent in just a year, Jefferies writes. Photo: Finn Frandsen/pxff82114.jpg

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