Due to current backlogs as a result of the pandemic, space on container ships from Asia to the US is extremely tight and rates have gone through the roof. Booking space is even more problematic and could easily take 4-6 weeks to get a booking. As a result of the high demand and tight space, eastbound transpacific ocean freight rates are now more than 3 times higher than the same period last year.

Read more at:
https://www.freightwaves.com/news/inflation-alert-container-shipping-rates-have-just-spiked-again