SEOUL, March 16 (Yonhap) — Container shipping costs from South Korea to the U.S. west coast fell for a third consecutive month in February, while rates to the U.S. east coast rose for a fourth straight month, data showed Monday.
The average shipping cost for a 40-foot container to the U.S. west coast declined 4.2 percent from a month earlier to 4.52 million won (US$3,024), the Korea Customs Service said. In contrast, the average rate to the U.S. east coast edged up 0.7 percent on-month to 5.38 million won.
Rates to the European Union fell 5.5 percent to 3.28 million won, marking a second consecutive monthly decline.
Shipping rates to China fell 9.7 percent on-month, while rates to Japan climbed 16.8 percent to 862,000 won, extending their upward trend to a fourth straight month.
The figures include freight rates, commissions and other related charges reported by local exporters, according to the agency.
In this file photo, containers wait to be shipped at a port in Pyeongtaek, about 60 kilometers south of Seoul, on Nov. 14, 2025. (Yonhap)
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