Business · Trade · 2 hrs ago

US-China supertanker freight cost falls from record

US-China supertanker freight cost falls from record

The cost of shipping goods by supertanker between the US and China has fallen from a record high.

The change is based on data.

Supertankers are very large cargo ships.

Freight cost is the price of transporting cargo by sea.

A lower cost means shipping is less expensive than at the record level.

The headline does not give the size of the decline or explain what caused it.

It does not specify what will happen next.

Sources

Related news