Asia-Mexico

Increased Space Availability Reduces Maritime Rates on Asia-Mexico Route

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The maritime transport market between Asia and Mexico has undergone significant changes in recent months. According to Eternity Group Mexico’s EAX Index, vessel capacity has increased significantly, with an addition of approximately 20,000 TEU (20-foot containers) in weeks 12 and 14 of this year. This expansion in space availability has led to an 8.12% decrease […]

Asia-Mexico Maritime Freight Concludes 2023 with a 3.81% Decrease

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The maritime freight cost between Asia and Mexico concluded 2023 with a 3.81% decrease, averaging $1,638 per 40-foot container (FEU) in the last month. The yearly average stood at $1,994 per FEU, reflecting a 45% increase compared to pre-pandemic levels in 2019. The rise is possibly attributed to higher costs for shipowners, including fuel, crew, […]