Freight rates for furniture eat up almost entire profit

The price of shipping a 40-foot container with assembled furniture from Asia to the US West Coast is currently so high that freight rates make up almost 100 percent of the furniture's retail value, according to Sea-Intelligence.
Photo: David Swanson/REUTERS / X07406
Photo: David Swanson/REUTERS / X07406

The price of shipping a 40-foot container from Asia to Northern Europe or the US West Coast is now at such a high level that freight rates for a variety of consumer products – furniture, toys and appliances – make up close to 100 percent of the products' retail value, writes Sea-Intelligence.

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