Shipping costs from China to the US were $600 per container in 2016 due to massive oversupply in the shipping market, compared to a normal long-run average of approximately $2,000, enabling Flexport to grow rapidly by passing through low costs to customers.
factualpending
Speaker
Ryan PetersonEvidence Quote
“In 2016 it's kind of the opposite. There was so much capacity. It was so cheap you could ship a container from China to the US for our cost were like $600. Uh normal long run average about 2,000”
Created: 8/10/2026, 11:11:38 PM
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