Average container prices drop at LA and Long Beach amidst congestion

The average shipping container prices have declined at the ports of Los Angeles and Long Beach as the ports continue to struggle with congestion.

As per Container xChange’s data, the average prices for 40 ft high cube containers have dropped by just under 11% from US$4,863 to US$4,342 from August to November at the Port of Long Beach.

At the Port of Los Angeles, a 20 ft dry container costs US$1,850 and a 40 ft high cube costs around US$4,342.